3m earplug lawsuit payout date. S. 3m earplug lawsuit payout date

 
S3m earplug lawsuit payout date  The predicted average lawsuit payout per expert 3M earplugs lawyers, is somewhere between $50,000 and $100,000

(4 Different Types Explained) A total of 16 lawsuits involving 19 plaintiffs have gone to trial in the 3M Combat Arms Earplug litigation. has racked up more than $450 million in defense costs as it struggles to fend off allegations defective earplugs it sold to the US military. 3M Co. . What settlement was reached in the 3M earplug litigation? Plaintiffs and 3M reached an agreement worth $6. . 5 million to a U. So looking at a scenario where its a $100,000 settlement with 40% contingency fee. S. Listen. 1 million to settle a whistleblower lawsuit accusing the company of knowingly selling defective earplugs to the U. 1 million compensation paid to the Federal Government in July 2018. S. 3, 2023, there were 257,449 3M Combat Arms earplug lawsuits pending out of the 339,510 that were originally filed. Lawsuits against 3M are in progress across the country, and if you’re a veteran who. Lawsuits over the earplugs started in 2016 when Moldex-Metric, an industrial supply company, filed a whistle-blower lawsuit claiming 3M sold earplugs to the U. What to Know About the 3M Earplug Lawsuit Payout. 68%. S. After a whistleblower suit was filed in 2016, accusing 3M of selling "dangerously defective" earplugs, the company agreed to pay $9. 38 per share, traded Tuesday morning as low as $113. April 25: 3M announced that it is doing mass layoffs. 5B Payout to Resolve Veterans' Hearing Loss Lawsuits: Report 08/28/23 Lawsuits over AFFF Foam and Earplugs Weigh Down 3M Profits, as Company Faces Massive. S. Update: The court is picking up the pace on the litigation both in bellwether trials and overall discovery. 01 billion dollars to resolve litigation against 3M and its. Settlement talks are expected to resume May 25 and 26 in the 3M ear plug lawsuit filed by U. The agreement includes all MDL claims in Florida and a coordinated state court action in Minnesota. military. 01 billion to settle lawsuits by U. While the discovery process, the longest part of the lawsuit, can take years, individual trials can take weeks or months. military veterans and service members. 3M & Co. S. Our product liability lawyers have a 3M earplug lawsuit update for you. , the company claimed that 3M and Aearo knew the earplugs were too short for proper insertion and that they could loosen without a soldier knowing. 3M to pay $2. After a whistleblower suit was filed in 2016, accusing 3M of selling "dangerously defective" earplugs, the company agreed to pay $9. The 3M earplug lawsuit began in 2016 and is expected to come to a close in 2023. 3M a year ago put Aearo, the maker of the earplugs, in bankruptcy as part of an effort to reach a global settlement for about 230,000 lawsuits filed by veterans. The dismissal hearing is scheduled to last at least two days, possibly extending to a third day on Friday. 4. Since then, 3M has prevailed at six earplug-related trials and lost at 10; as of the most recent case, decided in May, 13 plaintiffs have won almost $300 million in judgments against the company. They urged a federal judge in Florida to restart discussions aimed at reaching an out-of-court. S. 3M (NYSE:MMM) can't shift liability for hearing loss that soldiers blame on allegedly defective earplugs to its Aearo Technologies unit, a federal judge overseeing 230,000 lawsuits said Thursday. military veterans, current service members, and others, alleging that the design of 3M Combat Arms earplugs was defective. The sanctions issue will return to the lower court for a fresh determination. Of 16 earplug cases that have gone to trial, 3M has lost 10, with about $265 million being awarded in total to 13 plaintiffs. Just like all of the other bellwether plaintiffs, Beal was a veteran of the U. In the first bellwether trial, for example. 3M Co. S. Veterans can seek compensation. Has anyone received a settlement from the 3M earplug lawsuit? There have been 16 cases against 3M that have gone to trial to date; as of May 2023, 10 plaintiffs have won and were awarded close to. 1 million settlement to the Justice Department. The bottom tiers will get the crumbs which is the majority. , in 2008, years after Aearo began selling them. S. 3M Co. There are eight plaintiffs on the first list and 39 on the second list. 3M lost 10 of 16 lawsuits leading up to the settlement. , Aug. 5 billion to resolve over 300,000 lawsuits claiming it sold the US military defective combat earplugs, people familiar with the deal said. 3M Earplug Talks Ongoing After Judge Saw Impasse, Mediators Say . To date, 3M has been named in hundreds of earplug injury lawsuits. 3M has lost 10 of the 16 earplug cases that have gone to trial so far, with about $265 million being awarded in total to 13 plaintiffs. However, the thousands of lawsuits since then have proven that there are many more injuries to resolve. Yeah they don't pay like that on a lark. August 29, 2023: Appointment Order (Settlement Special Master) Order appointing John W. Aug 28 (Reuters) - 3M (MMM. S. public drinking water systems with potentially harmful compounds. 2 million after finding that combat earplugs sold by 3M Co caused him to suffer hearing loss and tinnitus, the biggest verdict. §29-28-103 (a)) all product liability claims must be filed within 6 years of the “date of the injury” and 10 years of when the product was first purchased or used. In 2022, 3M’s subsidiary company that made the earplugs, Aearo Technologies Inc. This intervention signaled the government’s belief that there was merit to the allegations against 3M. military service members. We believe in these lawsuits and, while there are no guarantees, we are optimistic that there will be high settlement amounts offered, maybe even before a single Tepeza lawsuit goes to trial. This would mark the latest large settlement by 3M. Now, let’s dive into the timeline of the 3M Earplug Lawsuit: 1. July 25, 2023: Barclays analyst Julian Mitchell estimates $8 billion to settle the earplug lawsuits. 1 million to the U. , March 1, 2023 /PRNewswire/ -- U. military service members who say they suffered hearing loss from using the company's earplugs. I wear hearing aids and I have tinnitus rated at 10%. S. 3 billion to settle lawsuits over contamination of many U. A federal judge has ordered 3M Co CEO Michael Roman to attend mediation aimed at resolving nearly 260,000 lawsuits alleging that 3M military earplugs caused hearing loss, saying the negotiations. X. 3M on Monday agreed to pay $6. 5% year to date. Bankruptcy Judge Jeffrey Graham in Indianapolis ruled that Aearo, as a. bankruptcy judge dismissed 3M subsidiary Aearo Technologies’ attempt at bankruptcy to. ) has provided a clearer picture of the manufacturer’s serious responsibilities in damaging the soldiers’ hearing. 01 billion to settle the lawsuits, per the company and lawyers for the plaintiffs. A tentative $5. ___________. This MDL is the largest mass tort in U. m. As of Aug. We need to stop blaming. 3M last July put Aearo in bankruptcy as part of its effort to reach a global settlement for about 230,000 lawsuits claiming its military earplugs were defective and damaged the hearing of veterans. 3M said it would pay $6 billion to resolve claims that its earplugs caused hearing loss among veterans, putting a long-awaited price tag on a large chunk of the company’s legal troubles. Longview, Texas based Monsour Law Firm secured the record-breaking verdict for. Sept 3, 2023. 3M agrees to pay $6 billion to service members for faulty earplugs 3M has agreed to pay $6 billion to vets and service members who suffered hearing loss due to faulty earplugs. allow 3M to shield itself from liability at this late date. S. This article is for subscribers only. S. 29, 2023, 3M agrees to pay $6 billion to settle lawsuits filed by U. After several months of delays, settlement talks resumed in May 2023. military members and veterans. Department of Defense (DOD) despite being aware of a defect that limited the earplugs’ effectiveness as a. Despite 3M’s attempt to declare bankruptcy, the case has been efficiently managed by Judge Rogers. July 28, 2022 – Due to the uncertainty surrounding 3M’s bankruptcy proposal, TriMark Legal Funding is not currently offering legal funding on the 3M earplug lawsuit. 1 million settlement with the U. Those verdicts are included in the $6. DATE: RESULT: 1: Hacker / Estes / Keefer: May 2021: $7,100,000: 2: McCombs: May 2021: Defense Verdict: 3:. The U. The estimate is $25,000, not $12,500. The judge presiding over the 3M earplug MDL, U. Department of Defense records for more than 175,000 plaintiffs show that the vast majority of claimants in Combat Arms earplug litigation have normal hearing under medically accepted standards. 3M announced it has agreed to pay $6 billion to settle lawsuits by U. A jury in Tallahassee, Florida federal court on Monday awarded $13 million to a U. August 29, 2023: Appointment Order (Settlement Special Master) Order appointing John W. So, this type of claim has far-reaching consequences for 3M. S. August 2023: On Aug. Fact Checked. S. S. However, the veterans who filed those cases have to take. Related Article: 3M Military Earplug Lawsuit Update. A U. Brian Barr and Troy Bouk, attorneys at Pensacola-based law firm Levin Papantonio Rafferty, emerged victorious in the first 3M military earplugs lawsuit to go to trial. 5 billion settlement to resolve legal claims linked to earplugs sold to the U. 3 derailment of a. Its amount was the highest awarded verdict on an individual litigant. June 1, 2022 - Around 290,000 U. S. jury in first combat earplug trial. S. That suit claimed the company's subsidiary knew the earplugs were faulty. The 3M earplug lawsuit has become one of the most significant class-action lawsuits in recent years, drawing attention to the safety and protection of military service members and veterans. 5 billion settlement is good news for investors, but the. 5 EYEWITNESS NEWS has been following the earplug litigation since 2018, when 3M paid $9 million to settle the first earplug claims from the Department of Justice. Plaintiffs claim 3M earplugs were. Initially, 3M offered $1 billion and the lawyers rejected the offer. 20Beyond the earplug litigation, 3M in June agreed to pay at least $10. The settlement, consisting of $5 billion in cash and $1 billion in 3M stock, will be made in. 3M was accused of knowingly distributing a faulty product. [. 1 million to settle allegations that it knowingly sold its “Combat Arms Earplugs” brand, dual-ended earplugs to the U. More than 255,000 U. history, with nearly 300,000 lawsuits filed. 3 billion to settle lawsuits over contamination of many U. 3M settles $9. S. Summary. Tinnitus in both ears aint fun with mild hearing loss in my left ear not a way to live especially at night when its quiet and you are trying to sleep and all you hear. 3M Co. S. On August 28, 2023, 3M entered into a global settlement to resolve nearly 250,000 cases involving its Combat Arms earplugs. Where the major mass tort class action lawsuits with the highest expected settlement payouts as 2022 draws to a close. This settlement will help to resolve approximately 300,000 lawsuits that were filed against the company and its defective earplugs. Fact Checked. 5 mln to veteran in latest earplug trial 3M hit with $110 million verdict in latest U. But the condition put by 3M was that the cause of these defects was because the earplugs. At least 288,000 plaintiffs have filed complaints against 3M over the allegedly defective design of the company's Combat Arms Earplugs. The appeals court granted the company’s motion to voluntarily dismiss the four central cases Wednesday. A $6Bn settlement has been announced in the 3M combat earplug litigation. public drinking water systems with potentially harmful compounds. S. The judge denied the bankruptcy protections for 3M, and the appeal to that bankruptcy denial is what is currently awaiting judgment in the Florida 11th circuit. 29, 2023, at 10:49 a. subsidiary Aearo Technologies LLC, the bankrupt maker of allegedly defective combat earplugs, is ineligible for bankruptcy relief, a judge ruled. S. It is unclear if this is directly related to the 3M earplug litigation. In 6 cases, the judge ruled in favor of 3M (no payout). while wearing 3M earplugs. The company has already had to pay for the effects of their product. is nearing agreement on a $5. the "flawed outcome" in some of the trials that have gone forward to date. S. A $5. 3M is defending over 250,000 product liability lawsuits filed by military veterans claiming that they suffered hearing damage because the 3M earplugs they were issued failed to protect them. combat troops and produced by a subsidiary. Hearing loss : Slight: 15 dB at any one frequency. Aearo, which made the combat arms earplugs, filed for bankruptcy last July, with 3M pledging $1 billion to fund its liabilities stemming from the lawsuits that accuse both Aearo and 3M of. Learn all you need to know today! FREE Case Review (866) 588-0600. A federal judge ordered 3M ( NYSE: MMM) CEO Michael Roman to attend mediation talks arranged to possibly settle a group about 260,000 lawsuits claiming the company’s combat earplugs didn’t. The settlement, consisting of $5 billion in cash and $1. ST. Legal. 3M's $6 Billion Settlement Offer. S. S. 3M Co. 3M has reached a $6 billion settlement with veterans and military service members over allegations that defective earplugs led to hearing loss among users. ’s $6 billion settlement of lawsuits accusing the company of selling defective combat earplugs to the US military could fall apart if enough veterans reject the deal as inadequate for. FILE - The logo for 3M appears on a screen above the trading floor of the New York. Army veteran for irreparable hearing damage caused by 3M earplug use. ROUND PLAINTIFF(S) DATE RESULT 1 Hacker / Estes May 2021 $7,100,000 2 McCombs May 2021 Defense Verdict. ST. Beyond the earplug litigation, 3M in June agreed to pay at least $10. . dropped several appeals at the Eleventh Circuit that raise key issues in the vast hearing-loss litigation over its combat earplugs, even though the company’s overall settlement with service members isn’t known to have gelled yet. Rodgers, who is overseeing about 230,000 lawsuits claiming the Combat Arms Earplugs Version 2 (CAEv2) caused hearing loss, said she was "deeply concerned over 3M Company's sudden, bankruptcy-eve. S. According to the lawsuit, the U. S. S. 3M reaches $10. Sept 5 (Reuters) - The federal judge overseeing the proposed $6 billion settlement of claims against 3M by hundreds of thousands of U. Call Paul Mankin for a free initial consultation of your case at 800-219-3577. , Aug. 5. 2 million earplugs distributed, tens of thousands of service members may have been injured by the alleged defect and thousands have filed military earplug lawsuits against 3M. Those verdicts are included in the $6. S. 3M Earplug Settlement May Result in $5. ST. 3M Earplug Settlement May Result in $5. bankruptcy judge dismissed 3M subsidiary Aearo Technologies’ attempt at bankruptcy to settle. 5% year to date. 2 million after finding that combat earplugs sold by 3M Co caused him to suffer hearing loss and tinnitus, the biggest verdict. 1 million to resolve allegations that it knowingly sold the earplugs to the military without disclosing defects that hampered its effectiveness . 3M earplug lawsuits claim that defective design of the Dual-Ended Combat Arms Earplugs Version 2 (CAEV2) caused them to loosen, leading to hearing damage or loss for thousands of veterans and active-duty military. The $6 billion global settlement will be funded by 3M over the course of several years. , June 9, 2023 / PRNewswire / -- Today, the United States Bankruptcy Court in the Southern District of Indiana granted plaintiffs' motion to dismiss Aearo's bankruptcy filing. 5 billion to resolve some 300,000 lawsuits claiming it sold defective combat earplugs to the US military—just a little over half of what its litigation. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs. Even though the $6 billion settlement agreed to in August allows 3M to walk away from the umbrella agreement if fewer than 98% of claimants participate,. PAUL, Minn. Sigmon, 37, has been. April 30 (Reuters) - 3M Co (MMM. You used the dual-sided, military-provided, black and yellow Combat Arms earplugs; and. August 31, 2023 at 3:24 PM PDT. Critical Mass With Law. 3M also. 3M Earplug Lawsuit Funding Suspended. MSN. This led to a settlement with the U. To date, 3M has lost 10 of 16 cases that have gone to trial. 3M Co faces more than 230,000 lawsuits accusing it of selling defective earplugs that caused hearing loss for U. 260,000 lawsuits allege that 3M military earplugs were defective. S. 3M Announces Combat Arms Settlement. Share. Department of Justice (DOJ) $9. With this, over 240,000 people are expected to be eligible. 3M Earplug Lawsuit Settlement Allegations were initially made against 3M several years ago when it was initially discovered that the products were too short to adequately fit all users. has agreed to pay $6 billion to resolve hundreds of thousands of lawsuits alleging it sold defective earplugs to the US military that led to. military veterans and service members is apparently. This post has the latest news in the 3M earplug lawsuits. 5 billion settlement over defective earplugs, according to reports Sunday. 3M ( MMM) - Get Free Report moved firmly higher following a report that suggests the industrial group will pay a $5. S. 3M Co. An earlier version of this article gave an incorrect estimate of the amount a typical plaintiff would receive in the 3M earplug settlement. 3M hit with $8. 3. military service members who. We get paid if, and only if, you do. Lawsuits against a bankrupt company are paused as soon as a Chapter 11 petition is filed and the claims are moved in front of a bankruptcy judge. The average payout of the 3M earplug lawsuit can run into millions of dollars per plaintiff. A federal jury awarded $22. S. If there are no rewards from your product liability case, you don’t pay the lawyer. Appointment Order (Settlement Data Administrator) Order appointing BrownGreer PLC as Settlement Data Administrator. Now, according to an August 27 report by Bloomberg News, 3M has put forward a $5. In a landmark development, 3M, a multinational conglomerate, has agreed to a substantial settlement amount of over $6 billion in a class-action lawsuit involving faulty earplugs. I’ve been told early 2021 for the cases to be tried. That is where the company’s subsidiary Aearo is seeking to resolve thousands of lawsuits from service members who claim 3M’s earplugs caused hearing loss. Assuming 25,000 payout per case, that adds up to 6. 3M Combat Arms Earplugs […] 3M earplug lawsuit settlement: $6B payout to military for hearing loss. S. public drinking water systems with potentially harmful compounds. 01 billion to settle nearly 260,000 lawsuits by current and former U. 3M Announces Combat Arms Settlement. S. Is the lawsuit on the double sided earplugs only, yellow and black I believe? I used the regular ones that. A federal judge overseeing veterans’ earplug defect cases against 3M Co. S. 3M has agreed to pay $6 billion to vets and service members who suffered hearing loss due to faulty earplugs. After a whistleblower suit was filed in 2016, accusing 3M of selling “dangerously defective” earplugs, the company agreed to pay $9. The parties announced today that, without any admission of liability, 3M Company has agreed to pay $6 billion to resolve the nearly 250,000 lawsuits in the MDL filed by United States military service members, veterans, and commercial users, alleging CAE-related injuries from use of the CAE for hearing protection. District Judge M. 5 million to veteran in 3M earplug case, Washington Post, May 20, 2022. U. In July 2018, it was announced that 3M had agreed to pay the U. The deal, announced on Tuesday, settles one of the largest mass. 5 billion to resolve over 300,000 lawsuits claiming it sold the US military defective combat earplugs, people familiar with the deal said. veterans and service members. 1 million settlement to the U. New York CNN — 3M has agreed to pay $6 billion to resolve roughly 300,000 lawsuits alleging that the manufacturing company supplied faulty combat. 3M has lost 10 of the 16 earplug cases that have. Under the Tennessee statute of repose ( Tenn. Range of payout is expected to be $50,000 to $300,000 depending on severity. 8 million. After the announcement in July 2018 that 3M paid the DOJ $9. We will update this page if/when that happens. August 28, 2023 Update: 3M’s board of directors has formally approved the $6 billion earplug settlement agreement, according to statements filed with the SEC today. 5 million in punitive damages and $5 million in compensatory damages, to a former soldier who alleged that his hearing loss resulted from defective 3M Co. 3M Co. 3M Agrees to Pay $6 Billion to Settle Earplug Lawsuits From US Service Members. When 3M enters meaningful settlement discussions, legal funding will again become available. A lawyer for 235,000 plaintiffs suing 3M over its combat earplugs asked a bankruptcy. January 6, 2023 at 12:26 PM PST. S. Get the 2023 updates on settlement and everything else. The lawsuits claim 3M’s combat arms earplug version 2, which was dual-sided, could imperceptibly slip in the ear canal and exposed the wearer to damage, including hearing loss or tinnitus. 29, 2023, has agreed to pay $6 billion to settle numerous lawsuits. 3M has agreed to pay 1 $6 billion settlement to troops and veterans whose hearing was damaged from the company's dual-ended "Combat Arms" earplugs. Prior estimates had suggested the company would need to pay more than ten billion to settle the earplug lawsuits during early mediations. A jury in Pensacola, Fla. ". The 3M litigation started the new year with its largest verdict to date. 2006: The Combat Arms Earplug Version 2 (CAEv2) is introduced to the military. Department of Defense records for more than 175,000 plaintiffs show that the vast majority of claimants in Combat Arms earplug litigation have normal hearing under medically accepted standards. 1 million to settle a lawsuit on behalf of the government. Monies awarded have ranged from $1. August 28. 1 million to the Department of Justice to resolve the. The litigation had gone back and forth and grew into one of the. A $6Bn settlement has been announced in the 3M combat earplug litigation. The lawsuit alleges that the faulty products left some with hearing damage and tinnitus. S. Army alleging that he suffered hearing loss and tinnitus. With the average 3M earplug lawsuit payout per person likely to range widely depending on the extent and duration of each veteran’s hearing loss, analysts have provided a wide range of estimates. 5 million to James Beal, an army veteran whose lawsuit alleged the 3M’s faulty earplugs caused. 2018: The Department of Justice intervened in the lawsuit filed by Moldex-Metric, indicating that they would actively participate in the litigation. judge on Friday dismissed the bankruptcy of 3M subsidiary Aearo Technologies, rejecting an effort to resolve nearly 260,000 lawsuits alleging that 3M military earplugs caused hearing loss. 3M Co. 1 billion to settle the lawsuits. However, unlike in class action lawsuits, if no settlement is reached during the MDL proceedings, 3M earplug lawsuits will move forward individually. Find out who got appointed to lead the lawsuits filed over the Feb. You can bet the vets that first of all qualified, applied, and stuck with it will get very. How To Know if You Used Defective 3M Earplugs. 3M acquired the subsidiary that made the plugs, Aearo Technologies Inc. April 2023 3M Earplug Lawsuit News: 3M’s Desperate Attempts to Get Out of Paying Veterans. PAUL, Minn. 3M’s Potential Earplug Payout Is Still Just the Beginning. S. The plaintiffs claim they suffered hearing loss and tinnitus caused by defective earplug use. military could fall apart if enough veterans reject the deal as. military defective combat earplugs (3M) After years of legal. 3M has agreed to pay $6 billion to vets and service members who suffered hearing loss due to faulty earplugs. military from 2003 to 2015. 1 million dollars, not counting the more than 1 million that went to the “whistleblower. The 3M Earplug Lawsuit has become a significant legal issue in recent years, as thousands of military personnel have claimed that the company’s Combat Arms Earplugs Version 2 (CAEv2) were defective and led to hearing loss and tinnitus. I have Johnson Law Firm and I am kept updated on this 3M earplugs case. Damages vary per plaintiff as the outcome of each case is different. 01 billion to settle nearly 260,000 lawsuits by current and former U. 3M has agreed to pay more than $5. As of October 2022, over 250,000 lawsuits have been filed against 3M by U. Mike Schmidt. 1 million to the Department of Justice to resolve the. , 7:20-cv-006) featured the case of Plaintiff James Beal. S. Jan. Some lawyers estimate that 3M earplug lawsuit settlement amounts could be anywhere from $5,000 to $250,000 per plaintiff, depending on the damages alleged. 1 million in 2018 to the U. service members who say they experienced hearing loss or other serious injuries after using faulty earplugs made by the company. The industrial conglomerate behind Post-it Notes and Scotchgard has followed its agreement. The first 3M bellwether trial, or a trial selected to give an idea of how others might proceed, took place in 2021. military. Veteran wins earplug lawsuit against 3M. veterans and service members. Newsletter. The U. acted incorrectly when imposing sanctions totaling $12,000 on two Dechert LLP trial attorneys who represented the company, the Eleventh Circuit said Wednesday. Older Updates. A bankruptcy case in Indiana could help upend the mass tort litigation system in the U. S. Department of Justice (DOJ) issued a press release announcing that 3M had agreed to pay $9. 3M Co. S. By Brendan Pierson. government. The estimate is $25,000, not $12,500. Minnesota veterans blame 3M’s ‘defective’ ear plugs for hearing damage. The settlement comes just two months after a U. August 29, 2023. , federal court on Friday ordered 3M to pay $77. Tangent. 3M last July put Aearo in bankruptcy as part of its effort to reach a global settlement for about 230,000 lawsuits claiming its military earplugs were defective and damaged the hearing of veterans. Jan. Come on have a federal judge say your guilty and have to pay 100 billion. 29, 2023 / PRNewswire / -- Today, 3M (NYSE: MMM) announced that it has reached an agreement with the court-appointed negotiating plaintiffs' counsel to resolve the Combat Arms Earplug litigation against Aearo Technologies (Aearo) and 3M. PAUL, Minn. 1 million to settle a False Claims Act lawsuit which alleged that the company knowingly supplied the U. Aearo, which made the combat arms earplugs, filed for bankruptcy last July, with 3M pledging $1 billion to fund its liabilities stemming from the lawsuits that accuse both Aearo and 3M of. S. Ongoing Earplug Lawsuit. S. A $45,000 settlement per claimant would bankrupt them on the lower end (equaling $12.