August 12, 2019
NEW YORK/FRANKFURT — Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as …
August 9, 2019
Bayer AG is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations. An agreement, which could take months to work out, …
July 30, 2019
Bayer AG Chief Executive Officer Werner Baumann said he’d consider a “financially reasonable” settlement of litigation over the weedkiller Roundup as the caseload swells and the company’s shares slump anew. The number of lawsuits from people in the U.S. who …
July 26, 2019
A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer Roundup for their cancer to $86.7 million. Superior Court Judge Winifred Smith of the California Superior …
July 23, 2019
The widening legal nightmare over Roundup weedkillers isn’t the only potential multi-billion-dollar liability Bayer AG inherited last year when it acquired Monsanto Co. While thousands of damage claims over Roundup have grabbed headlines and hogged the attention of investors, the …
July 16, 2019
Even as Bayer AG got a jury verdict slashed to $25.3 million from $80.3 million in a California case alleging exposure to its Roundup weed killer causes cancer, the judge who made the cut found the company’s behavior “reprehensible.” U.S. …
July 3, 2019
A federal judge said he’ll probably reduce — but not throw out entirely — an $80 million jury verdict against Bayer AG in the second case to go to trial over claims the company’s Roundup herbicide causes cancer. U.S. District …
June 27, 2019
Bayer AG rose the most in a decade after hiring a high-profile lawyer to fight a slew of cases over its Roundup weedkiller and receiving a major vote of confidence from Elliott Management Corp. Bayer’s moves to bolster its response …
May 17, 2019
Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be tossed because a U.S. regulatory agency said the herbicide is not a public health …
May 14, 2019
Bayer AG hoped it could rely on science to establish the safety of its Roundup weedkiller. But it has clearly been no match for a good lawyer after a jury awarded more than $2 billion in damages to a couple …