August 11, 2026
3M can't avoid a proposed class action alleging its failure to nix underperforming investment options from its $12.4 billion retirement plans cost workers tens of millions of dollars, with a Minnesota judge ruling Tuesday that the workers' allegations identified a comparable fund that performed better.
March 11, 2026
3M escaped a proposed class action claiming it failed to remove underperforming investment options from its $12 billion employee retirement plans, with a Minnesota federal judge saying workers needed to do more to show that better-performing funds were comparable.