Shareholders: 3M Made False Statements About Risk From Chemical Litigation

TRENTON, N.J. - A group of shareholders on July 29 filed a class action in New Jersey federal court against the 3M Co. contending that it engaged in a scheme to defraud investors by issuing "false and misleading statements to conceal the truth" about 3M's exposure to legal liability related to its products known as per- and polyfluoroalkyl substances (PFAS) (Heavy& General Laborers' Locals 472& 172 Welfare Fund v. 3M Company, et al., No. 19-15982, D. N.J.).
Source: LexisNexis® Mealey's™ Emerging Toxic Torts Legal News - Category: Medical Law Source Type: news