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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 ...
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.
With the end of the legislative session growing closer, a bill shielding pesticide makers from cancer lawsuits is poised to fail in the state Senate.
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 ...
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.
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 ...
Bayer shares fell more 6% on Tuesday after a U.S. judge questioned part of the German company's proposed settlement to deal with future claims relating to allegations that its widely used ...
Nachawati was critical of a $2 billion settlement proposed by Monsanto in 2021, which was later rejected by the judge presiding over the cases. [ 6 ] The firm represents about 5,000 individuals seeking damages for injuries from power outages caused by Winter Storm Uri in February 2021, including more than 100 wrongful death claims.
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