Major Chemical Companies Settle 'Forever Chemicals' Lawsuits for Billions.

TL;DR Summary
Chemical companies Chemours, DuPont, and Corteva have agreed to pay over $1 billion to settle claims that they contaminated public drinking water with PFAS chemicals, also known as "forever chemicals," which have been linked to cancer and other illnesses. The settlement will establish a fund to remove PFAS from public drinking water systems, but it does not resolve all claims against the companies. Hundreds of communities across the US have sued companies over PFAS contamination, and the liability of 3M could be even greater. Environmental groups say the settlement is a step forward, but more needs to be done to address the problem.
- Three 'Forever Chemicals' Makers Settle Public Water Lawsuits The New York Times
- 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
- 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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