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Bayer. $10.9 billion German pharmaceutical company Bayer agreed to pay nearly $11 billion to settle thousands of lawsuits over subsidiary Monsanto’s weed-killer Roundup. The settlement aims to ...
In June 2020, Bayer agreed to settle over a hundred thousand Roundup lawsuits, agreeing to pay $8.8 to $9.6 billion to settle those claims, and $1.5 billion for any future claims. The settlement does not include three cases that have already gone to jury trials and are being appealed. [63] However the settlement was not allowed to cover future ...
(Reuters) -Bayer must pay $78 million to a Pennsylvania man who said he got cancer from using the company's Roundup weedkiller, a state court jury in Philadelphia found on Thursday. The verdict ...
On July 26, 2019, an Alameda County judge cut the settlement to $86.7 million, stating that the judgement by the jury exceeded legal precedent. [123] In June 2020, Bayer agreed to settle over a hundred thousand Roundup lawsuits, agreeing to pay $8.8 to $9.6 billion to settle those claims, and $1.5 billion for any future claims.
Bayer CEO Werner Baumann said the decision to settle the lawsuits was the right one in order to end a long period of uncertainty.
In March 2019, a man was awarded $80 million in a lawsuit claiming Roundup was a substantial factor in his cancer, [39] [40] resulting in Costco stores discontinuing sales. [41] In July 2019, U.S. District Judge Vince Chhabria reduced the settlement to $26 million. [42]
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