StocksMedium•3 November 2026•
1 min read
3M Reaches $7.4 Billion Settlement to Resolve Forever Chemicals Litigation
Key Facts
13M announced a $7.4 billion settlement to cover personal injury claims related to 'forever chemicals' (PFAS).
2The agreement covers up to 120,000 plaintiffs who claim they were harmed by chemicals produced by the company.
3M announced a definitive settlement agreement valued at $7.4 billion to resolve personal injury litigation involving PFAS chemicals. The Wall Street Journal reported that the agreement covers up to 120,000 plaintiffs who claim they were harmed by chemicals produced by the company, aiming to resolve long-standing legal liabilities and uncertainty.
The company's stock, trading as MMM, closed at $178.36 on November 2, 2026. While the settlement amount is higher than previous estimates of $5.8 billion, the agreement provides finality to a major legal overhang that has impacted the shares.