3M Files Lawsuit Alleging N95 Price Gouging in New York City
3M Company (MMM)
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Source: Business Wire
Lawsuit is part of 3M’s national and global efforts to fight price gouging and counterfeiting of N95 respirators used on the frontlines of the fight against COVID-19 ST. PAUL, Minn.--(BUSINESS WIRE)--3M filed legal action today in federal court in New York City against Performance Supply LLC, alleging illegal price gouging and deceptive trade practices in the sales of N95 respirators that are critical in the fight against the COVID-19 outbreak. The New Jersey-based defendant, which falsely claimed a business affiliation with 3M, offered to sell $45 million in N95 respirators to New York City officials at prices 500-600% over 3M’s list price. The Complaint seeks injunctive relief to require Performance Supply LLC to cease its illegal activities, and also requests damages, with 3M promising that any damages recovered will be donated to COVID-19 related nonprofit organizations.“3M does not – and will not – tolerate price gouging, fraud, deception, or other activities that unlawfully
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- 10/21/25 - Beat
MMM
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- 11/14/25 - Form 4
- 11/14/25 - Form 4
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