Source: https://www.natlawreview.com/, April 28, 2021

Just a few days ago, an $11.9 million settlement was announced in a Michigan lawsuit in which a class of approximately 3,000 plaintiffs alleged that a PFAS manufacturer and a PFAS-using paper mill contaminated drinking water supplies, thereby polluting the environment and placing nearby citizens at increased risk of adverse health effects. The PFAS paper mill settlement is noteworthy not because it is yet another settlement by 3M, one of two prominent chemical companies that manufactured PFAS, but because a business that used PFAS in its manufacturing process found itself yet again needing to settle a costly lawsuit for actions that took place over the course of several decades. Companies of all types (not just paper companies) must understand that this is but one representative example of the type of lawsuits that we have predicted will have significant impacts on company financials as awareness of PFAS issues continues to grow. These impacts will be felt well beyond industries that use PFAS directly in their manufacturing processes, and companies of any type must take a closer look at current or legacy PFAS issues that may plague them in the near future. Read more.