Lawsuit week for PFAS

Last week saw new lawsuits and a settlement. The stock market shrugged.

The past week saw two new lawsuits naming manufacturers of “Forever Chemicals” (per- and polyfluoroalkyl substances, or PFAS) from the State Attorney Generals’ offices of Pennsylvania and Washington, and a settlement in the South Carolina aqueous film-forming foam multi-district litigation (AFFF MDL), where the trial was due to start today. Stock prices in the companies affected rebounded sharply Friday June 2nd.