Both 3M and Cogent deny any wrong doing, but have agreed to pay $1.9 million to shareholders and their attorneys. Bloomberg reports the investors claim Cogent CEO Ming Hsieh favored 3M to collect a retention bonus. The Maplewood-based company paid about $943 million in 2010 for Cogent.
It's time to get your tickets to ... erm ... the Minnesota State Fair?
You can get your tickets to the 2020 Minnesota State Fair now.