3M has supplied the United States military with earplugs for decades. As it turns out, many of those earplugs were defective.
Because they were defective, countless veterans suffered hearing loss and tinnitus after using them around weaponry.
Over the years, more than 230,000 servicemen and women used the earplugs.
While 3M stopped sales of the earplugs in 2015 and reached a $9.1 million settlement with the Department of Justice in 2018 after a whistleblower complaint, the company did so without admitting any wrongdoing.
Since 2015, however, many veterans have made the decision to initiate lawsuits against the company for damages related to their hearing loss.
If you are one of the hundreds of thousands of individuals who used 3M earplugs in the military and subsequently developed hearing loss, you may have a claim against the company.
If you are considering filing a 3M hearing loss lawsuit but need cash now, a settlement or lawsuit loan from Ally Lawsuit Loans can help tide you over until you receive your 3M earplug lawsuit payout.
Aren’t sure what a lawsuit loan is? You’re not alone. Despite the fact that lawsuit loans are available all over the country, many people don’t know what they are.
Read on for more about the pre-settlement funding you can get through Ally Lawsuit Loans.
What Is the Current 3M Earplug Lawsuit Status?
A recent development in litigation against 3M over their defective military earplugs came in July 2021. In July, a Florida jury awarded one plaintiff $1.7 million in damages.
That particular trial is considered a “bellwether” trial. Bellwether trials are trials that test a given legal argument’s effectiveness in court.
Oftentimes, bellwether trials concern individuals or small groups of individuals that are filing a lawsuit over something that many others are affected by.
The bellweather trial is a sort of “test balloon” for future claims that may arise in that area, typically in the form of class-action lawsuits.
As a result of the Florida ruling, it looks like individuals and groups who are considering suing 3M over the defective earplugs are likely to succeed in their claims.
This wasn’t 3M’s only defeat either—the first bellwether trial judgment came in April 2021. In that case, a jury awarded three plaintiffs a total of $7.1 million. As you can see, the 3M earplug settlements are far from insignificant.
How Can a 3M Earplug Settlement Loan Help Me?
At its core, a lawsuit loan can help you in your suit against 3M by ensuring that you are able to fight your case to the end.
When defendants in civil cases are large corporations, they often try to offer individual plaintiffs lowball settlement offers that don’t fully compensate them for their damages.
Their hope is that the plaintiff is desperate enough to get the whole process over with and that they will take whatever settlement offer is thrown at them. If you are in a financial bind, it’s easy to see the attraction in accepting such an offer.
Bills pile up, and as they do, interest quickly accrues. With a lawsuit loan in your pocket, you can take care of your finances while your case runs its course.
Since you have the means to weather the financial storm, you can hold out for the best possible settlement offer.
How Do I Qualify for a 3M Earplug Settlement Loan?
Generally, the only two requirements necessary to qualify for a lawsuit loan are:
- That you have filed a lawsuit in court regarding your claim; and
- That you have a lawyer representing you in the claim.
That’s it. No credit check; no employment check; no income verification.
To pursue an earplug lawsuit against 3M, you need to show that you used the specific military-issued earplugs that are defective and that you later developed hearing loss that your lawyer can attribute to the faulty product.
Of course, if you have a lawyer representing you in a lawsuit against 3M over these earplugs, we will know that you already fulfill these other requirements when we talk to your attorney.
Applying for your pre-settlement funding with Ally Lawsuit Loans is a simple three-step process:
- First, you fill out the application on our website (including contact information for your attorney);
- Second, we review your application, verify everything with your attorney, and learn more about your specific situation from them; and
- Finally, we come back to you with a loan offer.
If we approve your application and make you a loan offer, you can have cash in your pocket in as little as 24 hours. Best of all, if you don’t settle your lawsuit or if you lose in court, you won’t owe us a penny.
Get Your 3M Settlement Funding from Ally Lawsuit Loans Today!
Ally Lawsuit Loans is one of the nation’s top pre-settlement funding companies. We set ourselves apart from our competition with a three-part promise to you:
- Qualify within 24 hours;
- A lowest interest rate guarantee; and
- Repay $0 if you lose your case.
With that guarantee backing you, a settlement loan from Ally Lawsuit Loans is a risk-free prospect.
You shouldn’t have to choose between paying your bills on time and ensuring you get the most out of your settlement.
However, with Ally on your side, you don’t have to make such a choice. Apply for your 3M settlement funding with Ally Lawsuit Loans today!