3M, Aearo, Settle Combat Arms Litigation For $6 Billion

(August 30, 2023, 1:49 PM EDT) -- ST. PAUL, Minn. — Aearo Technologies LLC parent company 3M Occupational Safety LLC reached a $6 billion settlement resolving Combat Arms earplugs litigation, resolving the largest multidistrict litigation in U.S. history and relieving the entities of tort claims at the heart of a bankruptcy that was dismissed based on the logic of a similar ruling in the asbestos talc bankruptcy case of Johnson & Johnson (J&J) spinoff LTL Management LLC, the companies announced in an Aug. 29 press release....