3M Agrees to Pay at Least $10.3 Billion in PFAS Lawsuit Settlement
The chemical manufacturer 3M Co. has agreed to pay at least $10.3 billion to settle a series of lawsuits over the contamination of public drinking water systems in nearly 300 communities throughout the country with per- and polyfluorinated substances (PFAS). If approved by the court, the deal would settle the case that was scheduled to go to trial June 5. According to an article by the Associate Press News, “the settlement will be paid over 13 years and could reach as high as $12.5 billion, depending on how many public water systems detect PFAS during testing that EPA has required in the next three years.” The announcement comes just weeks after a similar suit was settled with DuPont, Chemours, and Corteva for $1.185 billion.