Articles tagged under: Monsanto

A 2Q Loss for Bayer

Published August 5, 2020

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…

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Bayer Settles Lawsuits

Published June 25, 2020

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…

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Bayer Settles Roundup Labeling Lawsuit

Published April 1, 2020

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…

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More Dicamba Lawsuits Expected

Published February 27, 2020

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…

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Indicted for Stealing Trade Secrets

Published November 25, 2019

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.…

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Bayer to Relocate Headquarters

Published July 17, 2019

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…

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Punitive Damages Reduced in Roundup Lawsuit

Published July 16, 2019

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…

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Glyphosate Lawsuit Filed North of the Border

Published May 29, 2019

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.

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$2 Billion Awarded in Roundup Court Case

Published May 14, 2019

A California jury awarded $2 billion to a couple who claimed Roundup herbicide caused their cancer. The ruling determined Monsanto failed to warn about the risks for using glyphosate.  This is the third major court defeat for Bayer, who acquired…

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Damages Awarded in Roundup Lawsuit

Published March 28, 2019

A federal jury in San Francisco has awarded $80 million to a man who claimed his cancer was caused by Roundup herbicide. This individual was awarded $5 million in compensatory damages and $75 million in punitive damages. Bayer, which took…

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