Tuesday Coronavirus Update: 3M Files Lawsuit Against an Amazon Seller

Author:
Publish date:
Video Duration:
1:25

Good morning, it’s Tuesday, June 9. 

Here’s your daily coronavirus update.

There are 7.1 million cases of the virus worldwide, with over 406,000 deaths.

The U.S. is nearing two million cases. The case count currently stands at 1.9 million. There have been 111,000 fatalities in the U.S.

Brazil has 707,000 cases with 37,000 deaths.

3M has filed a lawsuit, alleging that an Amazon seller sold fake, damaged and defective versions of its prominent N95 masks.

The lawsuit, which was filed in federal court in California, alleges that Mao Yu and affiliated companies falsely advertised as third-party sellers on Amazon under the 3M brand.

According to a 3M statement, the complaint says that the defendants "charged unsuspecting customers more than $350,000 when the customers responded to false listings that claimed to be reselling authentic N95 respirators, while actually selling damaged and fake goods at highly inflated prices.”

That means that the defendants allegedly charged customers as much as 20 times 3M’s list price for the masks.

According to the company, including the current legal action, 3M has filed more than a dozen lawsuits alleging fraud, price gouging and counterfeiting.

You can follow Katherine Ross on Twitter at @byKatherineRoss.

Read more from Katherine Ross here.

Watch More of the Latest Videos from TheStreet and Jim Cramer

Related Videos