MINNEAPOLIS - The U.S. Department of Labor is investigating certain investments, expenses, loans and distributions made by 3M Co.'s pension plan..
The Minnesota-based company revealed the investigation this week in a Securities and Exchange Commission filing.
The company's quarterly report says the Department of Labor notified the company in April 2015 about the probe.
A 3M spokeswoman said that the company would have nothing to say beyond what was written in the recent quarterly report. The government did not return a call seeking comment.
The company's annual report in 2016 showed that the pension plan was worth nearly $19.7 billion.
