A New Jersey company allegedly tried to sell $45 million of respirator masks at inflated prices.
A New Jersey company tried to sell 3M masks to New York City at a significant markup from the listed price, according to a lawsuit filed by 3M against the company.
"3M does not – and will not – tolerate price gouging, fraud, deception, or other activities that unlawfully exploit the demand for critical 3M products during a pandemic," Denise Rutherford, 3M's Senior Vice President, Corporate Affairs, said in a statement The company, Performance Supply LLC, tried to sell $45 million worth of masks at markups up to 500% to New York City officials while falsely claiming to be affiliated with the larger manufacturer, 3M alleged in the lawsuit.
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