Roundup News

Bayer Mediator Dismisses Report of $8 Billion Roundup Settlement

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 …

Bayer Is Said to Seek $8 Billion Roundup Cancer-Claim Deal

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, …

Bayer CEO Opens Door to Roundup Settlement as Lawsuits Swell

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 …

Judge Cuts $2 Billion Verdict Against Bayer in Roundup Case to $86 Million

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 …

Bayer’s Other Legal Mess: An Old Liability Many Have Forgotten

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 …

Bayer Called ‘Reprehensible’ on Roundup as Judge Cuts Award 69%

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. …

Bayer’s $80 Million Roundup Verdict Will Probably Be Cut

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 …

Bayer Surges as Elliott Sparks Hope of Roundup Settlement

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 …

Bayer Dangles $5.6 Billion Olive Branch to Roundup Critics

Bayer AG will pump about 5 billion euros ($5.6 billion) of its research and development budget into alternatives to its weedkiller glyphosate over the next decade as it battles more than 13,000 lawsuits claiming the herbicide causes cancer. Trying to …

Judge Appoints Ken Feinberg Mediator for Bayer Roundup Settlement Talks

A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer AG’s glyphosate-based Roundup weed killer caused cancer. Feinberg has been instructed to meet with lawyers for …