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Bayer And Plaintiffs Try Again To Settle Roundup Weed Killer Litigation Bay City News Service FacebookTwitterEmail Bay City News Foundation Bayer AG has reached a settlement to resolve many current and anticipated future claims against its agrochemical subsidiary Monsanto Company arising from its Roundup weed killer, alleged to cause non-Hodgkin lymphoma (NHL). The settlement, announced Wednesday, was submitted to the U.S. District Court in San Francisco and is subject to approval of U.S. District Court Judge Vince Chhabria, who has presided over federal multi-district litigation involving hundreds of Roundup suits. The settlement of the putative class action suit, if approved, will create a fund of up to $2 billion to be used to compensate class members over the next four years who have, or develop NHL, as a result of their exposure to Roundup herbicide. Compensation will be provided to qualifying class members at varying levels from $5,000 to $200,000. ....
German chemical company Bayer has struck a $2 billion deal to resolve future lawsuits over claims that its Roundup weed killer causes cancer. The deal would also provide future claimants up to $200,000 in compensation. ....
Bayer Reaches $2 Bln Agreement To Settle Future Roundup Lawsuits LEVERKUSEN (dpa-AFX) - Bayer (BAYZF.PK, BAYRY.PK, BYR.L) has reached up to $2 billion agreement with plaintiffs attorneys to settle future lawsuits over claims that its Roundup weedkiller causes cancer. The settlement will provide future plaintiffs, who contract non-Hodgkin lymphoma after using Roundup, up to $200,000 in compensation. Bayer inherited thousands of lawsuits against Roundup inventor Monsanto Co. when it acquired the U.S. agriculture giant for $63 billion in 2018. Bayer said plaintiffs class counsel are filing Wednesday a motion for preliminary approval of the class agreement with Judge Vince Chhabria of the U.S. District Court for the Northern District of California, who presides over the Monsanto Roundup multi-district litigation. ....