Fraley Joins Verdesian Board
Dr. Rob Fraley, who helped develop the first biotech seeds with Monsanto in the early 1980s, has been appointed to the board of directors for Verdesian Life Sciences. Fraley retired from Monsanto in 2018.
Articles tagged under: Monsanto
Hefty Fine Levied for Pesticide Violation
Monsanto will pay $10 million to settle two federal pesticide-related violations in Hawaii. Monsanto, which is now part of Bayer, reportedly had workers enter research plots during a required restricted entry time period. A similar case happened in 2014 that…
A 2Q Loss for Bayer
Bayer finished the second quarter with net loss of $11.2 billion. That compares to profits of $468 million one year ago. The losses were attributed to litigation over glyphosate and allegations of cancer, dicamba drift and a dispute over waste…
Bayer Settles Lawsuits
Bayer will pay up to $10.9 billion to settle most of the lawsuits over the use of Roundup herbicide. Plaintiffs claimed their cancer was linked to glyphosate, something Bayer still disputes. With this settlement, 95,000 cases are wrapped up. Another…
Bayer Settles Roundup Labeling Lawsuit
Bayer is settling a class-action lawsuit that focused on consumer advertising of its Roundup grass and weed control product. Bayer will pay more than $35 million and change the labeling for glyphosate. This settlement does not include numerous other lawsuits…
More Dicamba Lawsuits Expected
More than 2,000 U.S. farmers are likely to file lawsuits against Monsanto/Bayer and BASF following dicamba damage to crops. That’s according to law firm Peiffer Wolf. This announcement following the recent $265 million verdict in Cape Girardeau, Missouri. In a…
Indicted for Stealing Trade Secrets
A federal grand jury has formally indicted a Chinese national for stealing trade secrets from Monsanto. This man was arrested more than two years ago trying to leave the U.S. with proprietary agricultural technology copied onto a micro SD card.…
Bayer to Relocate Headquarters
Bayer is moving its crop science division headquarters to the St. Louis area. This will move about 500 jobs from Raleigh, North Carolina to St. Louis. The timeline for the relocation was not provided. The announcement follows the completion of…
Punitive Damages Reduced in Roundup Lawsuit
In a lawsuit that links the use of Roundup to cancer, the federal judge has cut the punitive damages. The jury awarded the California man $80 million in punitive damages, but the judge dropped that down to $20 million. The…
Glyphosate Lawsuit Filed North of the Border
A group of Canadian farmers has filed a class-action lawsuit against Bayer, claiming the use of Roundup caused cancer. Bayer, which purchased Monsanto last year, lost three similar lawsuits in the United States.
