A federal district court judge has granted final approval to a multibillion-dollar settlement between public water suppliers affected by “forever chemicals” and the company 3M, the parties announced Monday.
Per the terms of the agreement, the Minnesota-based chemical manufacturer will pay these utilities between $10.5 billion and $12.5 billion, depending on the extent of contamination and adhering to a payment schedule that runs through 2036.
The settlement, approved Friday by U.S. District Judge Richard Gergel in South Carolina, pertains to multidistrict litigation (MDL) that consolidated thousands of cases against the producers of a type of firefighting foam that contains these chemicals, or per- and polyfluoroalkyl substances (PFAS).
Read the full article on The Hill here.