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Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of 3M Company (NYSE: MMM) from February 9, 2017 through May 28, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for 3M investors under the federal securities laws.
If you bought 3M securities between February 9, 2017 and May 28, 2019, and would like to join the action, please click “Join This Class Action,” above.
SHAREHOLDER ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against 3M Company – MMM
New York, N.Y., July 31, 2019. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of 3M Company (NYSE: MMM) from February 9, 2017 through May 28, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for 3M investors under the federal securities laws.
To join the 3M class action, go to http://zhanginvestorlaw.com/cases/3m-company/ or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or 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/or 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. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 27, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/3m-company/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at email@example.com.
Zhang Investor Law represents investors worldwide.