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Bayer maintains that glyphosate does not cause cancer and that the lawsuits are meritless. It acquired Roundup as part of its $63 billion purchase of agrochemical company Monsanto in 2018.
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.
When a Philadelphia jury awarded $2.25 billion in damages this year in a case that linked Roundup to a cable technician’s blood cancer, the verdict became the largest yet in the long-running ...
The lawsuit alleged that the exposure of glyphosate, an active ingredient in the Roundup product, caused Dewayne "Lee" Johnson's non-Hodgkin lymphoma. In a landmark verdict, Monsanto's purchaser Bayer Corporation was ordered by a San Francisco jury to pay $289m in punitive damages and compensatory damages.
Shares of Bayer rose as much as 13.2% in Friday trading in Germany, on optimism the decision could eliminate much of its remaining legal liabilities for Roundup, made by its Monsanto unit.
In June 2020, Bayer agreed to pay $650 million to settle local lawsuits related to Monsanto's pollution of public waters in various areas of the United States with PCBs. [80] On December 1, 2020, U.S. District Judge Fernando M. Olguin rejected Bayer's proposed $650 million settlement and allowed Monsanto-related lawsuits involving PCB to ...
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