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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 ...
Bayer boss Werner Baumann's contract has been extended until 2024, in a show of support from the drugmaker's new chairman just months after the company agreed an $11 billion outline settlement of ...
In 2014, Monsanto reached a settlement with soft wheat farmers over the 2013 discovery of experimental glyphosate-resistant wheat in a field in Oregon which had led to South Korea and Japan temporarily stopping some US wheat importation. The settlement included the establishment of a $2.125 million fund for economically affected soft-wheat farmers.
Bayer has said it is engaged in mediation to resolve the litigation, which has hit its share price since it acquired Roundup as part of its $63 billion takeover of Monsanto in 2018. The person ...
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 ...
Nachawati helped negotiate a subsequent proposed $8.9 billion settlement with LTL and Johnson & Johnson. The firm represents more than 6,000 individuals diagnosed with Non-Hodgkins Lymphoma following exposure to Monsanto's Roundup herbicide. Nachawati was critical of a $2 billion settlement proposed by Monsanto in 2021, which was later rejected ...
An auto insurance company has agreed to settle a lawsuit over handling of claims, more news
Johnson v. Monsanto Co. was the first lawsuit to proceed to trial over Monsanto's Roundup herbicide product causing cancer. The lawsuit alleged that the exposure of glyphosate, an active ingredient in the Roundup product, caused Dewayne "Lee" Johnson's non-Hodgkin lymphoma.
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