3M reaches $10.3 billion settlement in ‘forever chemicals’ suits

México Noticias Noticias

3M reaches $10.3 billion settlement in ‘forever chemicals’ suits
México Últimas Noticias,México Titulares
  • 📰 chicagotribune
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 91%

The chemical and manufacturing giant 3M reached a $10.3 billion settlement Thursday with U.S. cities and towns over their claims that the company contaminated drinking water with so-called forever chemicals. Story from The New York Times.

In addition to approval by the federal judge in South Carolina, who is overseeing the so-called multidistrict litigation, the settlement needs the plaintiffs to sign on. The judge must also approve the reasonableness of any fee request from the dozens of law firms representing plaintiffs in the litigation. It is not uncommon for plaintiffs’ lawyers to take home as much as 30% of any settlement.

3M said in a statement that it would continue to address other PFAS litigation “by defending itself in court or through negotiated resolutions, all as appropriate.” Researchers have sought to put a dollar value on the health harms from PFAS in the United States: A 2022 study found the costs of treating diseases attributable to PFAS exposure to be.

PFAS cleanup efforts have taken on more urgency since the EPA said the government would for the first time propose regulation to require, after determining that almost no amount of exposure is safe. Some industry groups said the Biden administration had created an impossible standard that would cost manufacturers and municipal water agencies billions of dollars. Industries would have to stop discharging the chemicals into waterways, and water utilities would have to test for the PFAS chemicals and remove them. Communities with limited resources will be hardest hit by the new rule, they warned.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

chicagotribune /  🏆 8. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

3M Agrees to pay over $10 billion to settle water pollution suits over ‘forever chemicals'3M Agrees to pay over $10 billion to settle water pollution suits over ‘forever chemicals'The compounds have been detected at varying levels in drinking water around the nation.
Leer más »

Dollar Tree targeting $10+ per-share earnings in fiscal 2026Dollar Tree targeting $10+ per-share earnings in fiscal 2026Dollar Tree Inc. set goals for the next few years in a statement released ahead of an analyst day, and said it’s targeting $10+ per-share earnings in fiscal...
Leer más »

Cosmos blockchain Neutron sees $10M round led by Binance Labs, CoinFundCosmos blockchain Neutron sees $10M round led by Binance Labs, CoinFundICYMI: Cosmos blockchain Neutron reports $10 million funding round led by Binance Labs and CoinFund
Leer más »

U.S. securities regulator hits top SPAC auditor with $10 mln fineU.S. securities regulator hits top SPAC auditor with $10 mln fineThe U.S. Securities and Exchange Commission (SEC) on Wednesday slapped Marcum LLP with a $10 million penalty for standards violations and systemic quality control failures in its audit work for hundreds of special purpose acquisition companies, or SPACs.
Leer más »

Container Store Goes After $10 Billion Dorm Market With Dormify ShopsContainer Store Goes After $10 Billion Dorm Market With Dormify ShopsThe storage and organization retailer has teamed up with online seller Dormify to grab some of Bed Bath & Beyond's share of the back-to-school market.
Leer más »

Container Store Goes After $10 Billion Dorm Market With Dormify ShopsContainer Store Goes After $10 Billion Dorm Market With Dormify ShopsThe demise of Bed Bath & Beyond left a big chunk of the $10 billion dorm room furnishings market up for grabs. The Container Store wants to capture some of that spending through an innovative partnership with social-media savvy online retailer Dormify.
Leer más »



Render Time: 2025-02-28 05:52:53