3M Agrees to $6 Billion Settlement in Combat Arms Earplug Litigation
The settlement aims to resolve all claims associated with the Combat Arms Earplug products. By- Robert Yaniz, Jr. OH&S, Aug, 2o23
3M has reached a settlement agreement in the Combat Arms Earplug litigation against itself and Aearo Technologies. In a statement dated August 29, 3M announced it will contribute a total of $6 billion—$5 billion in cash and $1 billion in common stock—by 2029. The agreement is intended to provide a resolution to all claims associated with the Combat Arms Earplug products. These include all claims in Florida and Minnesota courts as well as any potential future claims. Click here to read the full article on this pricey settlement from OH&S Magazine, August, 2023.https://ohsonline.com/articles/2023/08/30/3m-agrees-to-$6-billion-settlement-in-combat-arms-earplug-litigation.aspx?admgarea=ht.PPE
