A new series of lawsuits has been filed against Roundup maker Bayer over allegations that the key ingredient in the weedkiller causes cancer. Over 125,000 lawsuits have been filed in the matter thus far and even as Bayer plans to remove glyphosate from the product, the company is girding for a bumpy ride moving forward.
To date, the alleged link between glyphosate – the key ingredient ...
continue reading...After years of trials and appeals at every decision not in its favor, Bayer was dealt a crushing blow last month when the United States Supreme Court ruled that lawsuits over its flagship weedkiller Roundup and its controversial main ingredient would be allowed to continue. The Court also ruled that the $25 million judgement in favor of one of the first plaintiffs in the lawsuits ...
After setting aside nearly $10 billion to settle over 125,000 claims from victims who alleged that Bayer’s flagship weed killer Roundup gave them cancer, the corporation has set aside another $2 billion for those whose cancer has not yet been diagnosed, but could be attributed to exposure to the product.
News of the agreement arrived in the first days of February and largely ...
continue reading...It looks like Bayer got its bargain. In a move that has shocked most in the press by its size and scope, the company that acquired Monsanto for $63 billion will set aside a bit more than $10 billion to settle current and future claims that Monsanto’s flagship weed killer Roundup causes cancer.
When word of settlement negotiations first leaked, conversations seemed to hover around a ...
continue reading...The verdict that served as the flashpoint for a flood of lawsuits that have erased over 30% of Bayer’s market value is under appeal in a California courtroom. At stake is not only the $78 million remainder of the original $289 million verdict awarded to school groundskeeper Dewayne Johnson, but also the future of ongoing settlement negotiations with the tens of thousands of plaintiffs currently awaiting ...
Another hole has formed in the dam between Bayer and a flood of lawsuits that accuse the corporation, and Monsanto before it, of creating and marketing a product that causes cancer.
The settlement, announced earlier this month, does not impact or settle the nearly 50,000 lawsuits alleging that the use of Roundup caused victims to develop non-Hodgkin’s lymphoma. Bayer has maintained that the allegations have no merit and that ...
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