Roundup Verdict

Discussion in 'Chit Chat' started by dealmaker, May 14, 2019 at 12:09 PM.

  1. dealmaker

    dealmaker

    Roundup Verdict

    Bayer has been hit with a third jury decision that its Roundup weedkiller led to cancer. A California jury awarded a couple with cancer $2 billion in punitive damages and $55 million in compensatory damages. The German giant, which still faces another 13,400 lawsuits over Roundup's safety, continues to point to regulatory approval for the Monsanto product as evidence that the verdicts are incorrect. Bayer's shares dropped 2.7% on the news. Wall Street Journal