3M agrees to pay $6 bn in military earplug settlement
Edited By WION Video Desk
Published: Aug 30, 2023, 06:25 IST | Updated: Aug 30, 2023, 06:25 IST
The 3M co. has agreed to pay $6 billion to settle hundreds of thousands of cases claiming it provided faulty earplugs to the US military, resulting in hearing loss for soldiers in the field. The firm said in a statement on Tuesday that the payment conditions include $5 billion in cash and $1 billion in 3m common stock.
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