Bayer has filed post-trial motions in the Missouri Bader Farms case, asking for the $265 million verdict to be overturned in the first dicamba-related case to go to trial.
Monsanto and the German chemical giant BASF were aware for years that their plan to introduce a new agricultural seed and chemical system would probably lead to damage on many US farms, internal documents show.
The company has agreed on draft settlement terms with law firms representing tens of thousands of plaintiffs alleging that its Roundup weedkiller causes cancer.
This fall, the U.S. Environmental Protection Agency will decide whether the benefits of having the herbicide available to farmers for combatting weed resistance issues outweighs the harm to farmers and the environment.
(Bloomberg) -- A Bayer AG investor sued the board and other top company officials, claiming the “disastrous" 2018 acquisition of Monsanto Co. eroded the company's share value by saddling it with potentially billions of dollars in liability from Roundup lawsuits.
The $265 million verdict issued last week against German agribusiness giants Bayer and BASF is just the beginning of a new legal battle between the companies and thousands of farmers.
The world's biggest pesticide companies make billions of dollars a year from chemicals found by independent authorities to pose high hazards to human health or the environment, according to an analysis by campaigners.
The case was the first in an advancing wave of litigation from U.S. farmers who blame drift-prone dicamba herbicides for millions of acres of crop damage in recent years.
A federal jury determined that German agribusiness giants Bayer and BASF will have to pay $250 million in punitive damages to Bader Farms, the largest peach farm in Missouri, for damage caused by their dicamba-related products.
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