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3M Company has announced an amendment to the settlement agreement timing related to the litigation involving Combat Arms Earplugs (CAE), which were sold or manufactured by 3M's subsidiary Aearo Technologies LLC and related entities. The original settlement, known as Master Settlement Agreement III (MSA III), was entered into on August 29, 2023, to resolve claims in both federal and state courts. On January 15, 2024, 3M disclosed that all remaining 'wave' plaintiffs have agreed to participate in the settlement, allowing the company to accelerate the payment of $253.1 million to on or before January 31, 2024. This move demonstrates 3M's commitment to resolving these claims promptly. The company will continue to work towards the full implementation of the settlement agreement and will provide updates on further milestones. The press release also contains forward-looking statements regarding 3M's financial results and business prospects, outlining potential risks and uncertainties that could affect future outcomes.
3M Company has announced an amendment to the settlement agreement timing related to the litigation involving Combat Arms Earplugs (CAE), which were sold or manufactured by 3M's subsidiary Aearo Technologies LLC and related entities. The original settlement, known as Master Settlement Agreement III (MSA III), was entered into on August 29, 2023, to resolve claims in both federal and state courts. On January 15, 2024, 3M disclosed that all remaining 'wave' plaintiffs have agreed to participate in the settlement, allowing the company to accelerate the payment of $253.1 million to on or before January 31, 2024. This move demonstrates 3M's commitment to resolving these claims promptly. The company will continue to work towards the full implementation of the settlement agreement and will provide updates on further milestones. The press release also contains forward-looking statements regarding 3M's financial results and business prospects, outlining potential risks and uncertainties that could affect future outcomes.
3M公司宣布修订和解协议时机，该诉讼涉及战斗武器耳塞（CAE）的诉讼，该诉讼由3M的子公司Aearo Technologies LLC和相关实体出售或制造。最初的和解协议被称为第三次主和解协议（MSA III），于2023年8月29日达成，旨在解决联邦和州法院的索赔。2024年1月15日，3M透露，所有剩余的 “Wave” 原告均同意参与和解，这使该公司能够加快向2024年1月31日当天或之前支付2.531亿美元的款项。此举表明了3M对迅速解决这些索赔的承诺。该公司将继续努力全面执行和解协议，并将提供更多里程碑的最新情况。新闻稿还包含有关3M财务业绩和业务前景的前瞻性陈述，概述了可能影响未来业绩的潜在风险和不确定性。
3M公司宣布修订和解协议时机，该诉讼涉及战斗武器耳塞（CAE）的诉讼，该诉讼由3M的子公司Aearo Technologies LLC和相关实体出售或制造。最初的和解协议被称为第三次主和解协议（MSA III），于2023年8月29日达成，旨在解决联邦和州法院的索赔。2024年1月15日，3M透露，所有剩余的 “Wave” 原告均同意参与和解，这使该公司能够加快向2024年1月31日当天或之前支付2.531亿美元的款项。此举表明了3M对迅速解决这些索赔的承诺。该公司将继续努力全面执行和解协议，并将提供更多里程碑的最新情况。新闻稿还包含有关3M财务业绩和业务前景的前瞻性陈述，概述了可能影响未来业绩的潜在风险和不确定性。
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