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MIAMI, FL – A $6 billion settlement has been approved by Judge Rodgers in the 3M earplug lawsuits involving service members who claimed the earplugs were defective. The settlement includes a plan to issue $1 billion in unregistered stock as part of the payment. The stock’s value will be determined using a weighted average method commonly used by regulators. An investment manager and adviser will be employed to reduce investment risks as the stock is issued in tranches. In addition to the settlement, 3M has contributed $250 million to the Qualified Settlement Fund, which will … Read more