Washington, D. C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: June 30, 2004
(Date of earliest event reported)
3M COMPANY
(Exact name of registrant as specified in its charter)
File No. 1-3285
(Commission File Number)
Delaware | 41-0417775 |
(State of incorporation) | (I.R.S. Employer |
Identification Number) | |
3M Center |
55144-1000 |
St. Paul, Minnesota | (Zip Code) |
(Address of principal executive offices)
Registrants telephone, including area code:
(651) 733-1110
ITEM 5. OTHER EVENTS.
The United States Supreme Court has denied 3Ms petition to review an appeals court ruling in the federal antitrust case LePages v. 3M.
As previously reported, the United States Court of Appeals for the Third Circuit in the first quarter of 2003 affirmed a jury verdict against 3M rendered in 1999 in the claim brought in 1997 by LePages, Inc., a transparent tape competitor of 3M. 3M petitioned the Supreme Court to review the Third Circuits ruling.
LePages claim focused on specific bundled rebate programs involving transparent tape and other products. 3M discontinued such programs at the end of 1999.
3M recorded a non-recurring charge of $93 million (pre-tax) in the first quarter of 2003 to reflect the Third Circuits ruling, with interest through March 31, 2003, and attorneys fees and costs expected to be awarded to LePages.
The Supreme Courts ruling on 3Ms petition essentially concludes LePages lawsuit against 3M.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
3M COMPANY | |
By: /s/ Gregg M. Larson | |
Gregg M. Larson, Secretary | |
Dated: June 30, 2004 |