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The German company settled most of the then-pending Roundup litigation in 2020 for $10.9 billion, but currently faces about 58,000 claims, according to its most recent financial report.
In 2020, Bayer settled most of the then-pending Roundup cases for up to $9.6 billion but failed to get a settlement covering future cases. More than 50,000 claims remain pending.
Bayer has faced extensive litigation over Roundup, and through Thursday had seen its share price fall more than 73% since buying Monsanto for $63 billion in June 2018.
In March 2019, a man was awarded $80 million in a lawsuit claiming Roundup was a substantial factor in his cancer. [113] [114] In July 2019, U.S. District Judge Vince Chhabria reduced the settlement to $25 million. [115]
(Reuters) -A U.S. appeals court on Monday refused to dismiss a Georgia doctor's lawsuit claiming that Bayer AG's Roundup weedkiller caused cancer, the latest setback in the German company's ...
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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