SAN DIEGO, Aug. 3, 2019 /PRNewswire/ -- Shareholder
rights law firm Johnson Fistel, LLP reminds investors that a class
action lawsuit has been filed against 3M Company ("3M")
(NYSE: MMM) on behalf of all purchasers of common stock during the
period between February 9, 2017
and May 28, 2019, inclusive (the
"Class Period").
If you wish to serve as a lead plaintiff, and had losses greater
than $200,000, you must move the
Court no later than September 27,
2019. If you wish to discuss this action, have any
questions concerning this notice, or your rights or interests,
please contact lead analyst Jim
Baker (jimb@johnsonfistel.com) at 619-814-4471. If you
email, please include your phone number.
Additionally, you can [click here to join this
action]. There is no cost or obligation to you.
According to the lawsuit, defendants throughout the Class Period
made false and misleading statements and failed to disclose that:
(1) 3M's vast internal evidence dating back decades confirmed that
man-made chemicals or per- and polyfluoroalkyl substances
("PFAS") are toxic (which was first publicly revealed in
February 2018 by Minnesota's Attorney General); (2)
3M had a long history of suppressing
negative information and damaging data about PFAS; (3) 3M had significant legal exposure to state,
county, and local governments and individuals around the country as
a result of its knowledge and intentional concealment of the toxic
harm caused by the use of PFAS; and (4) as a result, 3M's public
statements were materially false and misleading at all relevant
times.
If you are a long-term shareholder of 3M continuously holding shares before
February 9, 2017, you may have
standing to hold 3M harmless from the
alleged harm caused by the officers and directors of the Company by
making them personally responsible. You may also be able to assist
in reforming the Company's corporate governance to prevent future
wrongdoing.
[click here to join this action]. There is no cost or
obligation to you.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP