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M’s elevated valuation multiple is unsustainable amid muted industrial demand, persistent macro headwinds, unresolved PFAS ...
In the first year, 3M will pay $43.45 million for natural resource damages for the Chambers Works site and $16.55 million for PFAS abatement projects related to contamination from the site ...
Initially, they were referred to as C8, a name taken from C8HF15O2, the formula for perfluorooctanoic acid. Then, for a time, they were known as PFCs, or perfluorocarbons, referring to the ...
U.S. cities, towns and water districts have challenged proposed class action settlements worth more than $11 billion with 3M , DuPont de Nemours and others, arguing the deals are too generous to ...
In 1947, PFOA — also known as C8 — entered the manufacturing picture due to its nonstick and stain-resistant properties. Several years later, DuPont started using it in the production of ...
What You Need to Know In a $1.185 billion class action settlement with DuPont, lawyers filed a motion on Sunday for $94.8 million in fees. The motion said class counsel plan to ask for 8% of 3M's ...
On August 23, 2023, the PEC announced the launch of a website, www.PFASWaterProviderSettlement.com, which houses information relevant to both the 3M and DuPont settlements.
A handful of smaller PFAS companies are also facing suits. So far, DuPont, Chemours, Corteva, and 3M have paid a total of nearly $11.5 billion in damages for PFAS contamination.
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