Seeking Alpha News: 3M could face more than $100B in losses and even bankruptcy due to lawsuits brought by veterans who blame their hearing problems on faulty earplugs.
Capital.com report: Testifying before the court last week, corporate solvency expert J.B. Heaton said he believes up to 230,000 lawsuits could eventually force 3M into bankruptcy. “It is more and more likely within the next three several years we’ll see a 3M bankruptcy,” Heaton said before the court, according to reporting from Bloomberg.