BREAKING: Bayer Pays $10B+ To Settle Roundup Cancer Suits
Law360 (June 24, 2020, 1:34 PM EDT) — Bayer announced Wednesday it will pay up to $10.9 billion to settle the bulk of roughly 125,000 claims that Monsanto’s weedkiller Roundup causes non-Hodgkin’s lymphoma.
The settlement, which Bayer estimates will be at least $10.1 billion, would end roughly 75% of the current Roundup litigation, according to the company. Bayer said the deal includes all litigation brought by plaintiff law firms leading the federal multidistrict litigation and California state court bellwether cases about the glyphosate-based herbicide.
The deal also covers roughly 95% of the Roundup cases that are currently set for trial, Bayer announced.
The settlement includes between $8.8 billion and $9.6 billion…