Chemical companies settle for billions in water contamination and PFAS lawsuits.

DuPont and related companies will pay nearly $1.2bn to settle liability claims brought by public water systems serving the vast majority of the US population. The settlement excludes personal injury claims due to alleged exposure to PFAS, as well as claims by state attorneys general about PFAS contamination of natural resources. 3M is reportedly negotiating a $10bn payout that would resolve claims and avoid a trial over PFAS contamination. The Stuart case, like the thousands of others pending, alleges that 3M knew by the 1970s that PFOA and PFOS could endanger human health and the environment, but decided to hide the knowledge from the public and regulators, and continued to manufacture the chemicals.
- Top US chemical firms to pay $1.2bn to settle water contamination lawsuits The Guardian
- 3M jumps on report of $10B settlement over 'forever chemicals' (NYSE:MMM) Seeking Alpha
- Chemours, DuPont, Corteva Settle PFAS Litigation for $1.185 Billion The Wall Street Journal
- 3M, DuPont Stocks Are Soaring on PFAS Settlement. A Big Overhang Is Gone. Barron's
- North Georgia cities reach settlement in 'forever chemicals' fight The Atlanta Journal Constitution
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