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3M Company Investigation

We are investigating possible breaches of fiduciary duty and violations of the federal securities laws by the Board of Directors and certain Company officers of 3M Company (NYSE: MMM) (“3M” or the “Company”) relating to 3M’s Combat Arms earplugs, a product that is the subject of multidistrict litigation  in which thousands of military service members and veterans allege the earplugs were defective, leading to hearing damage from loud sounds on the battlefield or during training exercises, and which resulted in 3M paying $9.1 million to the U.S. Department of Justice to resolve whistleblower litigation alleging that the Combat Ear earplugs were defective and never met product standards required by the government.

3M manufactured and supplied the United States military with Combat Arms earplugs ostensibly to protect service members’ ears from loud sounds associated with military training and combat until 2015, when production ceased without recall.

Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients.  For more information about the firm, please go to: http://www.weisslaw.co

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March 2, 2021

Communications Systems, Inc. Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Communications Systems, Inc. (“CSI” or the “Company”) (NASDAQ: JCS) in connection with the Company’s proposed merger with Pineapple Energy, LLC (“Pineapple”), a privately-held U.S. operator and consolidator of residential solar, battery storage, and grid services solutions. Under the terms of the merger agreement, CSI and Pineapple will combine through a reverse merger that will result in the combined company continuing to trade on the Nasdaq Capital Market under the new ticker symbol “PEGY.” In conjunction with the merger, CSI intends to divest substantially all its current operating and non-operating assets. CSI expects the sale proceeds from any pre-merger divestitures to be distributed in the form of a cash dividend to existing CSI shareholders prior to the effective date of the merger. In addition, CSI expects to distribute to the pre-merger shareholders a cash dividend of at least $1.00 per share prior to the closing of the merger. Moreover, under the terms of the merger agreement, (i) each CSI shareholder as of the merger record date, will receive Contingent Value Rights (“CVRs”) that reflect the right to receive that shareholder’s percentage of the net proceeds from the sale of legacy CSI businesses and assets, after the closing; and (ii) current CSI shareholders will retain shares in the combined company, initially holding approximately 37% of total shares outstanding.

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