Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Syngenta ordered to pay $217.7 million to Kansas farmers in GMO corn case
Source: Reuters
COMMODITIES | Fri Jun 23, 2017 | 12:47pm EDT
Syngenta ordered to pay $217.7 million to Kansas farmers in GMO corn case
By Nate Raymond
A U.S. jury on Friday ordered Syngenta AG (SYNN.S) to pay $217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it.
The verdict by a federal jury in Kansas City, Kansas, was announced by lawyers for the farmers, who blamed the Swiss company for causing catastrophic damage to them after Chinese officials began refusing U.S. corn shipments in 2013.
Their case was the first to go to trial. Thousands of other corn producers and traders also are seeking damages over China's non-approval of the agrochemical giant's corn seeds for importation.
Lawyers for the corn producers said in a statement that the verdict was "only the beginning." They have claimed that damages for farmers nationally totaled $5.77 billion, according to court papers.
[font size=1]-snip-[/font]
Syngenta ordered to pay $217.7 million to Kansas farmers in GMO corn case
By Nate Raymond
A U.S. jury on Friday ordered Syngenta AG (SYNN.S) to pay $217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it.
The verdict by a federal jury in Kansas City, Kansas, was announced by lawyers for the farmers, who blamed the Swiss company for causing catastrophic damage to them after Chinese officials began refusing U.S. corn shipments in 2013.
Their case was the first to go to trial. Thousands of other corn producers and traders also are seeking damages over China's non-approval of the agrochemical giant's corn seeds for importation.
Lawyers for the corn producers said in a statement that the verdict was "only the beginning." They have claimed that damages for farmers nationally totaled $5.77 billion, according to court papers.
[font size=1]-snip-[/font]
Read more: http://www.reuters.com/article/us-syngenta-ag-lawsuit-idUSKBN19E1VY
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
