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Will Bayer file an appeal to the US Supreme Court regarding Roundup litigation by the end of 2024?
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Yes • 50%
No • 50%
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Bayer Wins Legal Battle Over Roundup, Shares Surge 5% to 10%
Aug 16, 2024, 07:44 AM
Bayer achieved a significant legal victory in its ongoing litigation concerning the Roundup weed killer, which has been linked to cancer claims. A US appeals court ruled on August 15 that federal law protects Bayer from a lawsuit filed by a Pennsylvania landscaper, potentially undermining similar claims in state courts. This ruling has positively impacted Bayer's stock, with shares rising by 5% to 10% following the announcement. The decision marks a pivotal moment for Bayer and its subsidiary Monsanto in their efforts to limit liability related to Roundup.
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