Critical Mass With Law.com's Amanda Bronstad: 3M's Earplug Bankruptcy Targets an MDL 'Broken Beyond Repair.' Why T-Mobile's $350M Data Breach Settlement Stands Out
July 27, 2022 at 11:55 AM
5 minute read
Critical MassWelcome to Law.com Class Actions: Critical Mass, a weekly briefing for class action and mass tort attorneys. With the Chapter 11 filing in the 3M earplug cases, do corporations now prefer bankruptcy over multidistrict litigation? Less than a year after announcing a data breach, T-Mobile has reached a $350 million settlement with consumers. Find out who was appointed lead counsel in shareholder class actions against Amazon-backed Rivian Automotive Inc.
I'm Amanda Bronstad. Feel free to reach out to me with your input. My email is [email protected], or follow me on Twitter: @abronstadlaw.
3M's Earplug Bankruptcy: A Litany of MDL Failures
A 3M subsidiary and its related entities filed for Chapter 11 bankruptcy protection on Tuesday, claiming the earplug multidistrict litigation was "broken beyond repair." Here's my coverage of the filing, which aims to resolve more than 230,000 lawsuits alleging 3M's dual-ended combat earplugs caused U.S. service members to suffer from hearing loss and ringing of the ears.
The subsidiary, Aearo Technologies, blamed a host of failures in the multidistrict litigation that led to the bankruptcy decision: 16 rushed bellwether trials that resulted in a mixed record, an administrative docket that didn't require early vetting of cases, and aggressive advertising spending by plaintiffs lawyers.
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