Bayer AG's Monsanto unit persuaded a Missouri judge to cut almost $1 billion from a $1.5 billion jury verdict that was one of the largest in the six years
A Missouri judge cut almost $1 billion from a $1.5 billion verdict that was one of the largest related to claims that its Roundup weedkiller causes cancer.
(Bloomberg) Bayer AG’s Monsanto unit persuaded a Missouri judge to cut almost $1 billion from a $1.5 billion jury verdict that was one of the largest in the six years the company has been fighting thousands of claims that its Roundup weedkiller causes cancer.Most Read from BloombergNY Region Rattled by 4.8 Magnitude Quake, Biggest in 140 YearsTurkey Joins NATO Allies in Suspending Europe Arms TreatySaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomZimbabwe Announces New Currency
PHILADELPHIA – The manufacturers of weed killer Roundup have lost a third trial in Philadelphia and were hit with its largest-ever verdict at a whopping cost of $2.25 billion, not long after local juries handed down a $175 million verdict award to plaintiffs in the first case and a $3.5 million award in the second.
PHILADELPHIA – The manufacturers of weedkiller Roundup are facing a second loss at trial in Philadelphia to the tune of $3.5 million, just weeks after another local jury handed down a $175 million verdict award to plaintiffs in the first case in a series of trials.