How Much Is 3M Paying in Legal Fees? Now We Know.
Large, diversified companies like 3M (NYSE: MMM) face lawsuits all the time; it's really just part of the business. However, 3M is dealing with a couple of particularly nasty lawsuits that could end up being very costly. To help investors get an idea of just what's going on, management changed the way it reports earnings. Here's a quick look at what's going on.
Industrial giant 3M makes a lot of products, and it makes them the world over. That means that it has a broadly diversified portfolio, but also that there are a lot of things that could go wrong. Right now, it is dealing with some notable things that have gone wrong.
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Source Fool.com