SAN DIEGO, May 2, 2020 /PRNewswire/ -- Johnson Fistel,
LLP is investigating potential claims on behalf of 3M Company ("3M")
(NYSE: MMM) against certain of its officers and
directors.
Specifically, a class action lawsuit was filed in federal court
last year against the Company on behalf of purchasers of the
securities of 3M from February 9, 2017 and May
28, 2019 (the "Class Period"). 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.
If you are interested in learning more about your legal rights
and remedies, please contact Jim
Baker (jimb@johnsonfistel.com) at 619-814-4471. If you
email, please include your phone number.
Additionally, if you have held Intersect stock since before
February 9, 2017, you
can [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
[Click here to join this action]
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SOURCE Johnson Fistel, LLP