MMM · News · 20260804N
Litigation and Legal Risk
3M CO · 2026-08-04 · Importance 64 · Surprise 42
Australia’s Commonwealth government is pursuing a lawsuit seeking approximately $2 billion from 3M over PFAS contamination at 28 defense bases. The government alleges that 3M withheld environmental testing results concerning its PFAS products and is seeking recovery of remediation costs. The Federal Court has scheduled a hearing in October to determine which sites 3M will address in its defense.
Key facts
- The US Tax Court ruled that 3M Co. owes no tax deficiency for its 2006 tax year and 3M is entitled to a refund of over $5.2 million from previous payments. source