3M Settles 2 Florida Lawsuits Related to Effort Against Fraudulent Products
May 22 2020 - 8:04PM
Dow Jones News
By Josh Beckerman
3M Co., which has warned of fraud, price-gouging and
counterfeiting of products including N95 masks during the
coronavirus pandemic, said Friday that it settled two Florida
lawsuits related to the issue.
The company said a suit against King Law Center, Chartered was
"amicably resolved through a mutually beneficial agreement."
Another suit against Ignite Capital Partners, Institutional
Financial Sales LLC and Auta Lopes was settled after the parties
conferred, and said the defendants "share an interest in reducing
fraud and/or price-gouging and have jointly cooperated to reduce
such activities."
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
May 22, 2020 19:49 ET (23:49 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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