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3M To Pay Over $7 Billion To Settle 'Forever Chemical' Groundwater

3M To Pay Over $7 Billion To Settle 'Forever Chemical' Groundwater Claims

3M To Pay Over $7 Billion To Settle 'Forever Chemical' Groundwater

TL;DR3M paying $7.35 billion to settle "forever chemical" contamination lawsuits affecting 120,000 people.

Why it matters: Sets precedent for corporate liability on persistent environmental toxins; signals PFAS regulation costs will be massive.

3M has agreed to pay up to $7.35 billion over nine years to settle claims from as many as 120,000 people who say they were sickened by PFAS-contaminated groundwater near military bases, airports and other locations where firefighting foam was used. The Associated Press reports…

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