More than four dozen rice farmers in Arkansas, Louisiana and Texas who sought to intervene in a lawsuit against RiceTec Inc. have decided to withdraw from the legal action.
Alvin, Texas,-based RiceTec announced Tuesday that the 51 farmers are opting out of the lawsuit.
An attorney for the farmers did not immediately return an after-hours phone call seeking comment.
The lawsuit is a countersuit against RiceTec that alleged the company sold inferior hybrid seed. The countersuit was in reaction to a lawsuit by RiceTec against an Arkansas farmer who refused to pay for the seed he bought from RiceTec because he believed it to be inferior.
RiceTec says it disagrees with the allegations about its seed and will defend its products.
Was this article valuable?
Here are more articles you may enjoy.
Trump Sues BBC for $10 Billion Over Documentary Edit 
Tesla Drivers Are Buying Escape Tools and Cars to Avoid Getting Trapped Inside 
Poorer Americans Dropped Federal Flood Insurance When Rates Rose 
Rare Weather Warning Issued as Strong Gusts Fuel Colorado Wildfire Threats 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.