Thread regarding 3M layoffs

I just completed a cursory scan of the Combat Arms Settlement Agreement (available in the public domain by the way) .

One very interesting section is that a portion of the settlement payment will be made in consecutive years using 3M common stock. There is an accompanying issuance formula, annual schedule, et al.

"Nothing is as it seems, nor is it otherwise." -- Alan Watts

People loosing their hearing is criminal and 3M is the criminal. No accountability. Just a steady stream of lies.

I find nothing humorous about people losing their hearing. Why do you think deafness is a laughing matter?

Cheer now, but 3M Company will file for bankruptcy protection, likely under Chapter 11. Once that occurs, your pensions and other forms of compensation are subject to change or elimination. So keep laughing… karma.

Congratulations 3M. You beat the veterans. Who's next?

New 3M branding.

3M. Science Applied to Lying 🤥.

You might be right but we can hire better attorneys. Winning. Winning here and winning there. Winning.

I have little sympathy for anyone in this mess and let me do my best to offend everyone.

No doubt that slimy plaintiffs’ lawyers are looking for a money grab. No doubt that the vast majority of plaintiffs were looking for some easy money as well. In that sense, 3M is getting screwed over. At the same time, 3M obviously didn’t do sufficient diligence in its acquisition of Aearo. When you acquire a company that sells products to “heroes”, you better make darn sure that there’s no warts in the diligence. Because if those “heroes” become plaintiffs on witness stand, you are going to lose, and lose big. 3M Company, its shareholders, and its employees learned this painful lesson. Finally, it should not be lost on anyone that all of this mess unfolded as a result of completely separate, objectively baseless sham patent litigation which 3M initiated in an attempt to bully an earplug competitor. It was through those proceedings that key 3M documents produced that became the centerpiece for the largest MDL in history.

IMO, there are no clean hands here, with the possible exception of a very small number of vets. I’m not so sure of that either.

What will be the next product for Lawsuit? Faulty N95 face masks?

Given the turn of events with the unmasking of those who are financing the $6 billion, these folks may end up getting a lot more.

Don’t count your chickens before they hatch, Mikey.

Ongoing example of criminal behavior. Disgusting.

The tortoise always wins the race. It ain’t over til it’s over.

3M is an assortment of dastardly evil beings.

I disagree this is cheating the vets. I have used the earplugs in the correct way at all times and almost got pushed into becoming another plaintiff by the law firms reaching out telling me I should file a lawsuit for my (non-existent) hearing loss. Two friends actually did participate in the lawsuit and have still not been asked to prove their claimed hearing loss. That smells bad and just lawyers making money to me.

Sounds like the vets got sold a fake bill of goods from their lawyers. At some point, the plaintiffs need to acknowledge they were used. You think your lawyers bought that beach house and new Porsche with their $11k cut? More like they get 30% of that 5 billion. Lawyers were the only winners in this.

Lighten up, Francis

3M military support network wants to know where you served, if you can hear them with your tinnitus. Lol!

We just got a nice safety banner in our break room. "We protect our community and the environment." We sure do 3M... we sure do. Lol!

A proud day for 3M