Ohio Resident Challenges Court Ruling Dismissing 'Forever Chemicals' Lawsuit Against 3M, Corteva And Others
Portfolio Pulse from Vandana Singh
Kevin Hardwick, an Ohio resident, is challenging a court ruling that dismissed a class-action lawsuit against 3M Co (MMM), Corteva Inc (CTVA), Chemours Co (CC), and others over exposure to toxic PFAS chemicals. Hardwick seeks to reinstate the lawsuit to hold these companies accountable for PFAS pollution, which has been linked to serious health risks including cancer. In June, 3M settled a related lawsuit for $10.3 billion with U.S. public water suppliers.
December 13, 2023 | 1:26 pm
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NEGATIVE IMPACT
Chemours Co faces potential legal challenges as the appeal against the dismissal of a PFAS-related lawsuit in Ohio could bring renewed scrutiny and liability concerns.
Chemours Co, being one of the companies named in the PFAS lawsuit, could experience negative financial and reputational effects if the appeal leads to the reinstatement of the class-action lawsuit, given the serious health implications of PFAS exposure.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Corteva Inc is implicated in the PFAS class-action lawsuit appeal in Ohio, which could result in legal repercussions and affect the company's financial standing and public perception.
Corteva Inc's inclusion in the lawsuit and the appeal for reconsideration may lead to increased legal risks and potential financial liabilities, as well as negative impacts on the company's image due to the harmful effects of PFAS.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
3M Co faces renewed legal challenges as Ohio resident appeals dismissal of PFAS class-action lawsuit, potentially impacting the company's liability and public image.
The appeal against the dismissal of the class-action lawsuit could lead to increased legal liabilities for 3M Co and affect its financials and reputation if the case proceeds. The previous $10.3 billion settlement indicates the company's significant exposure to PFAS-related lawsuits.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80