Current:Home > Scams3M agrees to pay $6 billion to settle earplug lawsuits from U.S. service members -FutureFinance
3M agrees to pay $6 billion to settle earplug lawsuits from U.S. service members
View
Date:2025-04-12 07:51:41
NEW YORK (AP) — Chemical and consumer product manufacturer 3M has agreed to pay $6 billion to settle numerous lawsuits from U.S. service members who say they experienced hearing loss or other serious injuries after using faulty earplugs made by the company.
The settlement, consisting of $5 billion in cash and $1 billion in 3M stock, will be made in payments that will run through 2029. The agreement announced by the Minnesota company on Tuesday marks a resolution to one of the largest mass torts in U.S. history.
Hundreds of thousands of veterans and current service members have reportedly sued 3M and Aearo Technologies, a company that 3M acquired in 2008, over their Combat Arms Earplug products. The service members alleged that a defective design allowed the products — which were intended to protect ears from close range firearms and other loud noises — to loosen slightly and allow hearing damage, according to Aylstock, Witkin, Kreis, & Overholtz PLLC, one of the law firms representing plaintiffs.
In an online summary about the Combat Arms Earlplug litigation, the Florida-based law firm notes that 3M previously agreed to pay $9.1 million to settle a lawsuit on behalf of the government alleging the company knowingly supplied defective earplugs to the U.S. military. And since 2019, the firm added, 3M has lost 10 of 16 cases that have gone to trial — awarding millions of dollars to plaintiffs to date.
The Associated Press reached out to Aylstock, Witkin, Kreis, & Overholtz PLLC for comment on Tuesday’s agreement. In a statement to to Bloomberg and other news outlets, attorney Bryan Aylstock called the settlement a historic agreement and a “tremendous victory for the thousands of men and women who bravely served our country and returned home with life-altering hearing injuries.”
In Tuesday’s announcement, 3M maintained that the agreement — which includes all claims in Florida’s multi-district litigation, coordinated state court action in Minnesota, and potential future claims — was not an admission of liability.
“The products at issue in this litigation are safe and effective when used properly,” the company wrote. “3M is prepared to continue to defend itself in the litigation if certain agreed terms of the settlement agreement are not fulfilled.”
3M has previously tried to reduce exposure to the earplug litigation through bankruptcy court, the Wall Street Journal reported. In 2022, Aearo filed for bankruptcy as a separate company, accepting responsibility for claims, but the filing was later dismissed in U.S. bankruptcy court.
Beyond the earplug litigation, 3M in June agreed to pay at least $10.3 billion to settle lawsuits over contamination of many U.S. public drinking water systems with potentially harmful compounds. The deal would compensate water providers for pollution with per- and polyfluorinated substances, also known as “forever chemicals.”
The agreement hasn’t been finalized yet. Last month, 22 attorneys general urged a federal court to reject the proposed settlement, saying it lets manufacturer 3M off too easily.
veryGood! (83545)
Related
- Meta donates $1 million to Trump’s inauguration fund
- Texas on alert as Beryl churns closer; landfall as hurricane likely
- Delaware judge refuses to dismiss lawsuit in battle over estate of the late pop icon Prince
- RHONY's Luann de Lesseps and Bethenny Frankel Reunite After Feuding
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Yes, extroverts make more money than introverts. But the personality type also has some downsides.
- Remains of missing 12-year-old girl in Australia found after apparent crocodile attack
- Brad Pitt and Girlfriend Ines de Ramon Make Rare Appearance at F1 British Grand Prix
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Is a great gas station bathroom the key to uniting a divided America?
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- NHL No. 1 draft pick Macklin Celebrini signs contract with San Jose Sharks
- Who is Britain's new Prime Minister Keir Starmer, ushered to power by his Labour Party's election landslide?
- LeBron James discusses son Bronny, new Lakers coach JJ Redick
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Two inmates charged with murder recaptured after escape from Mississippi jail
- How police rescued a woman from a ritual killing amid massive Mexican trafficking network
- Scorching hot Death Valley temperatures could flirt with history this weekend: See latest forecast
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Kourtney Kardashian and Travis Barker Share a Sweet Moment at His Run Travis Run 5K Event
Tank and the Bangas to pay tribute to their New Orleans roots at Essence Festival
Voters in France’s overseas territories kick off a pivotal parliamentary election
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Flavor Flav on bringing energy, support and an unexpected surprise to the USA Water Polo women's Olympic team
Judy Belushi Pisano, actress and widow of John Belushi, dies at 73
The Bachelor's Sarah Herron Gives Birth to Twins One Year After Son's Death