Billion-dollar lawsuits: Will non-stick chemicals finally stick on 3M?

Billion-dollar lawsuits: Will non-stick chemicals finally stick on 3M?

Source: Saint Paul Pioneer Press (MN), August 17, 2019
Posted on: https://www.advisen.com

3M’s pollution problems in Minnesota appear to be receding.

But nationwide, they are rising like the floodwaters of the Mississippi River. An estimated 35 federal bills take aim at 3M Co.’s chemical pollution, and 41 states have complained that it’s in their groundwater. Wall Street analysts have downgraded 3M’s stock, citing potential legal liabilities of up to $6 billion. Read more.

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