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Mon Sep 3, 2018, 11:52 PM

Bayer's Monsanto sued by 8,000 plaintiffs on glyphosate

Bayer said the number of U.S. lawsuits brought against newly acquired Monsanto has risen to about 8,000 from 5,200 previously, after Monsanto was ordered to pay damages for not warning of alleged cancer risks of glyphosate-based weedkillers.

“The number of plaintiffs in both state and federal litigation is approximately 8,000 as of end-July. These numbers may rise or fall over time but our view is that the number is not indicative of the merits of the plaintiffs’ cases,” Chief Executive Werner Baumann told analysts in a conference call on Thursday.

Bayer shares have lost more than 10 percent since Monsanto was ordered on Aug. 10 to pay $289 million in damages in the first of possibly thousands of U.S. lawsuits over glyphosate-based weedkillers such as Roundup and Ranger Pro.


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Reply Bayer's Monsanto sued by 8,000 plaintiffs on glyphosate (Original post)
womanofthehills Sep 2018 OP
democratisphere Sep 2018 #1

Response to womanofthehills (Original post)

Tue Sep 4, 2018, 12:12 AM

1. Suing and settlements doesn't solve the problem.

Glyphosate production needs to cease immediately and this sh't needs to be taken off the market permanently.

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