California, other states move to block 3M's $10.3 billion PFAS deal

July 26, 2023

Read the full article by Clark Mindock (Reuters)

"A group of 22 states and U.S. territories on Wednesday moved to block a proposed $10.3 billion settlement that would resolve claims against 3M Co (MMM.N) over water pollution tied to “forever chemicals,” claiming the deal fails to adequately hold the company accountable.

The group, led by California and including Texas, New York and the District of Columbia, filed a motion opposing approval of the settlement in a South Carolina federal court, where thousands of lawsuits against 3M and other companies over per- and polyfluoroalkyl substances, or PFAS, are being fought.

The proposed deal would provide funds over a 13-year period to cities, towns and other public water systems to test and treat contamination of PFAS. But the states said it isn't enough to account for the damage caused by the chemicals, which are used in a wide range of products from firefighting foam to non-stick cookware to cosmetics and have been linked to cancershormonal dysfunction and environmental damage."