3M Reaches Milestone in Combat Arms Earplugs Settlement Implementation
3M announced that the parties and the courts involved in the Combat Arms Earplug settlement agreement have reached the next milestone set forth in the agreement toward full implementation of the settlement.
Among the milestones met is a payment of $250 million to the Qualified Settlement Fund to compensate claimants seeking expedited payments under the settlement agreement. The payment was made on December 26, and it is anticipated that with this payment, between 25,000-30,000 claimants will dismiss any associated litigation.