3M’s $10 Billion PFAS Deal Approved by Court as Rule Looms (2)

April 1, 2024, 11:16 AM UTCUpdated: April 1, 2024, 2:39 PM UTC

A federal court approved the 3M Co.'s offer of at least $10 billion to settle PFAS claims of roughly 12,000 public water systems across the US.

3M’s settlement of between $10.5 billion and $12.5 billion to help water utilities recoup their costs of removing “forever chemicals” from drinking water comes as the Environmental Protection Agency is expected any day to issue the nation’s first-ever national standards limiting as many as six of those chemicals.

“If not approved, settlement class members would be years—if not a decade—away from litigating and reaching finality in their own cases” despite the likely need ...

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