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Stock impact report

3M Has Sued 5 Vendors Who Targeted Emergency Officials in 3 States Offering Billions of Nonexistent N95 Respirators

3M Company (MMM) 
Last 3m company earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.3m.com/overview/default.aspx
Company Research Source: Business Wire
None of the defendants in the lawsuits is connected to 3M, nor had access to the billions of 3M brand respirators they tried to sell officials in Florida, Wisconsin and Indiana at highly inflated prices. ST. PAUL, Minn.--(BUSINESS WIRE)--3M has filed five legal actions in federal courts in Florida, Wisconsin and Indiana as part of its global effort to protect the public and combat fraud and counterfeiting. The lawsuits involve separate defendants who attempted to target government officials with fraudulent offers to sell N95 respirators—in one case claiming to have up to five billion respirators—at inflated prices, all while falsely affiliating themselves with 3M.“We are grateful that in each of these cases, the false offers were reported to 3M, and the attempts to deceive public officials did not succeed,” said Ivan Fong, 3M Senior Vice President, General Counsel & Secretary. “We will continue to take legal action in cases like these and are working closely with national and inte Show less Read more
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