Loading...
Loading...
Browse all stories on DeepNewz
VisitJudge Reduces $2.25 Billion Bayer Roundup Verdict to $400 Million on Tuesday
Jun 4, 2024, 11:00 PM
A Pennsylvania judge on Tuesday significantly reduced a $2.25 billion U.S. verdict against Bayer to $400 million. The verdict was initially awarded to a Pennsylvania man who claimed he developed cancer from exposure to Bayer's Roundup weedkiller. The reduction in the payout marks a substantial financial relief for Bayer, which has faced numerous lawsuits over the alleged carcinogenic effects of Roundup.
View original story
Markets
Yes • 50%
No • 50%
Court records and public legal filings
No • 50%
Yes • 50%
Bayer's quarterly and annual financial reports
Yes • 50%
No • 50%
Regulatory body announcements and public records
6-10 new settlements • 25%
More than 10 new settlements • 25%
No new settlements • 25%
1-5 new settlements • 25%
Court records and public legal filings
$500 million - $1 billion • 25%
Less than $500 million • 25%
More than $2 billion • 25%
$1 billion - $2 billion • 25%
Court records and public legal filings
Both CEO and CFO change • 25%
No changes • 25%
CEO change • 25%
CFO change • 25%
Company announcements and public records