Giant has lost another lawsuit related to the weed killer roundup made by recently acquired monsanto now this will cost by a 2000000000. 00 and there are many more lawsuits in the pipeline. And alberta pilly odds say roundup caused their cancer so they sued even though a lot of people believed they wouldnt stand a chance against buyer in court. Weve been finding cancer for. 9 years now holly than me and it was caused by a round of. Its changed our lives forever. We cant do the things that we used to be able to do and we really resent monsanto for that. Their lawyer told the jury and turned all documents prove to monsanto wasnt interested in determining how dangerous its product is now by a has been hit with 2000000000. 00 in compensation an astronomical sum even by
american litigation standards and things could well get much worse for the chemicals giant. This is not the end of this litigation this is the beginning there are tens of thousands of people out there probably 203040000 peop
a ford. i think these cases will probably be settled at less than the amounts that are headline when they announce them but even so there s many more to come as the lawyers are saying the lawyers of smell blood and this one will run and run i think you look at a company the size of bio which is in the top 100 companies that we track it s a big company it can survive such things you know these things these settlements will come in as i said lower but it s going to cause damage and i need to weather the storm now now you said earlier mixing pharma business and aqua chemical that was the big mistake if i came to you now for it wise advice would you tell them. ok i 1st of all just full disclosure i m not advising bio now and have not in the past so i think the question for them now is it s not a good time to start splitting up the business now the agricultural chemical part