3M agrees to pay up to $7.35 billion over PFAS water contamination claims
3M has agreed to a settlement worth up to $7.35 billion covering roughly 120,000 plaintiffs who alleged the company's PFAS chemicals contaminated groundwater. Under the deal, plaintiffs get $50 million this year, followed by annual payments exceeding $1 billion from 2028 through 2033, with additional payouts tied to how many people join the class action. 3M retains the right to halt payments and keep litigating if too few plaintiffs participate.
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This adds to a growing pile of PFAS liabilities for 3M, including a 2024 $450 million New Jersey settlement and a 2023 deal exceeding $10 billion with water utilities, suggesting the company's total exposure to forever-chemical litigation could keep climbing. The structure, with payments contingent on participation, indicates 3M is trying to manage financial risk while still contesting broader liability, which could shape how other manufacturers handle similar claims.
- 3M will pay up to $7.35 billion to roughly 120,000 plaintiffs over nine years.
- Payments can be canceled if too few plaintiffs join the class action.
- This follows prior 3M PFAS settlements totaling billions of dollars since 2023.
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Published there as: “3M to pay up to $7.35 billion after lawsuits link its forever chemicals to contaminated water”
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