Thread regarding 3M layoffs

No matter how theses lawsuits go, the failure leadership at All levels are the only reason that leads to the bankruptcy destination

All hearing aids, including those that provide tinnitus relief, can be expensive. Unless you have an insurance policy that specifically covers hearing aids, they may not be covered by your provider. Each person should be awarded millions to cover the cost of the hearing aids and batteries for life...

Actually 'pro bono' cases are handled without fee, even if a settlement is awarded to the client. In a 'contingency fee arrangement' the attorney is paid by taking a percentage of the award as a fee for services. If the client loses, the attorney receives nothing.

A significant number of veterans are receiving legal assistance pro bono. As such, unless they win their lawsuit, they pay zero. Meanwhile, Roman and the abusers who caused the hearing losses to begin with will remain on the hook regardless of which new firm he joins and begins to ruin. 3M is in a box and the sooner they realize it and step up and do the right thing, the better. Otherwise the competition will buy the buildings, patents, and everything else for pennies on the dollar. The sharks are in the water. Whatcha going to do when they come after you?

You can do this kind of math all day long.

Reality is this is not a class action because every individual situation is so different so each case requires a separate trial.

3M actually completely won a number of the trials so there are some in that population who were not harmed at all according to the jury.

I personally think the veterans will not negotiate and would rather see 3M bankruptcy. These are fighters.

But there are some who think there might be a negotiated settlement .

If it is more than a couple billion 3M will continue to just fight one victim at a time.
In that case they might still go bankrupt but it could take years and the plaintiffs legal bill would also be in the billions.

Several of the 230,000 lawsuits have already been to trial and awards vary from $50 million to $74 million PER VETERAN. 3M Company is attempting to use bankruptcy court (thus far blocked by a judge) to pay each veteran not more than $4,348. This amount is a slap in the face to our military patriots.

If the previously awarded amounts are reduced to $5 million each and everyone is paid the same amount, 3M Company is looking at $1.15 TRILLION in exposure.

If the previously awarded amounts are reduced to $1 million each and everyone is paid the same amount, 3M Company is looking at $230 billion in exposure.

If the previously awarded amounts are reduced to $500 thousand each and everyone is paid the same amount, 3M Company is looking at $115 billion in exposure.

If the previously awarded amounts are reduced to $356,522 thousand each and everyone is paid the same amount, 3M Company is looking at $82 billion in exposure.

If the previously awarded amounts are reduced to $100,000 thousand each and everyone is paid the same amount, 3M Company is looking at $23 billion in exposure.

$23 billion to $1.15 trillion in payouts and that amount does not include legal fees.

It is obvious to those free thinking individuals that 3M Company is in vastly more financial trouble than Mr. Roman is acknowledging.

Facts are stubborn things and math does not lie.

It was mentioned and dismissed as "noise." We'll see.

This lawsuit was mentioned yesterday.