Bayer Roundup Cancer Verdict Slashed About 60% to $600 Million
Source: Bloomberg
April 5, 2024 at 2:53 PM EDT
Bayer AG’s Monsanto unit persuaded a Missouri judge to cut almost $1 billion from a $1.5 billion jury award to three former users of the company’s Roundup weedkiller who blamed their cancers on the product.
Judge Daniel Green in Jefferson City, Missouri refused to grant Monsanto’s post-trial requests that he order a new trial or throw out the entire verdict, but instead slashed the punitive-damages portion of the award to about $550 million last month, according to court filings.
In November, jurors awarded the three plaintiffs a total of $61.1 million in actual damages and $500 million each in punitive damages over claims that years of using Roundup on their lawns and gardens caused non-Hodgkin’s lymphoma. It was one of the largest verdicts in the four-year US litigation over the weedkiller.
Read more: https://www.bloomberg.com/news/articles/2024-04-05/bayer-roundup-cancer-verdict-slashed-about-60-to-600-million?srnd=homepage-americas
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