If Bayer (OTCPK:BAYRY)
wants to keep its total Roundup liability capped at $10B, a problem
inherited when it acquired Monsanto in 2018, it will be crucial to get a
2018 California court verdict overturned.
The German chemical giant will ask
the state appeals court today to throw out a jury conclusion that the
herbicide product caused grounds keeper Lee Johnson’s cancer.
While he was awarded $289M before a judge cut the
damages to $78.5M, Bayer has been reaching settlements in thousands of
other cases that range from a few thousand dollars to several million
per claim.
https://seekingalpha.com/news/3579425-bayer-back-in-court-to-limit-roundup-payouts
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