Bayer Backs Out of Roundup Settlements

Bayer AG is reneging on negotiated settlements with a number of United States law firms representing nearly 50,000 plaintiffs alleging exposure to Monsanto’s Roundup herbicide gave them non-Hodgkin’s lymphoma, according to several unnamed sources involved in the litigation (Bayer Renegs on Roundup Cancer Claim Settlements, Blames Coronavirus). Bayer acquired Monsanto’s legal obligations when it purchased the St. Louis, Missouri, company in 2018.

Bayer intends to satisfy the settlements, originally totaling over $10 billion, at as much as a 20% discount as a result of coronavirus-related issues. We cannot speculate about potential outcomes from the negotiations or timing, given the uncertainties surrounding the pandemic and the confidentiality of this process, but we remain committed to engaging in mediation in good faith,” said a Bayer spokesperson.

Because many U.S. courts have been closed to the public during the coronavirus crisis, Bayer is no longer under pressure to settle cases before any more disastrous verdicts can further damage its stock price. In the first three trials, juries awarded plaintiffs more than $2 billion, although trial judges subsequently reduced the awards.

Glyphosate, the primary ingredient in Roundup, was classified by the World Health Organization’s International Agency for Research on Cancer as “probably carcinogenic to humans” in 2015. However, in 2019 the U.S. Environmental Protection Agency held that glyphosate “poses no risk to public health.”

Roundup, the most popular herbicide in the world, remains for sale in the United States, despite mounting evidence that it drastically increases the risk of cancer for those exposed to it. As you can see, Bayer is willing to use any excuse, including a public health crisis, to avoid paying the victims of their product what they deserve.

It has never been more important for you to seek the advice of an attorney if you believe you may have been exposed to Roundup. Please call Davis, Bethune & Jones at 1-800-875-5972 for a free consultation. Our experienced personal injury attorneys will ensure that your rights are protected and you receive the compensation you deserve.

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