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“Nov 3 (Reuters) – Industrial conglomerate 3M (MMM.N), said on Tuesday it would commit nearly $7.35 billion over nine years to settle PFAS ‘forever chemicals’-related personal injury claims.
PFAS are a group of manufactured chemicals used in products resistant to heat, stains, grease and water. They have been linked to health issues including liver damage, lower birth weight, reduced antibody response to vaccines, and kidney and testicular cancer.
3M, which is facing thousands of lawsuits over PFAS contamination, did not admit liability and said it was prepared to continue to defend itself in litigation.
The settlement addresses about 99% of current personal-injury claims inside and outside the Aqueous Film-Forming Foam Multi-District Litigation (AFFF MDL). About 115,000 to 120,000 plaintiffs are eligible to participate, according to the company.”…