BASF News

Goldman, BASF, Others in $20M Platinum, Palladium Price-Fixing Settlement

Goldman Sachs, German industrial company BASF and two other banks agreed to pay $20 million to settle a nearly decade-old antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices. A preliminary settlement of the proposed class action …

8th Circuit Upholds Verdict Against Monsanto, but Orders New Trial on Punitive Damages

A federal appellate court on Thursday upheld a $15 million damage award to a Missouri peach farmer whose crops were damaged by pesticides that drifted off of nearby fields, but overturned a $60 million punitive damage award and ordered a …

U.S. Peach Grower Awarded $265 M From Bayer, BASF in Weedkiller Lawsuit

A Missouri jury’s $265 million award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer and BASF has raised the stakes for the two companies as at least 140 similar cases head to U.S. courts later this …

Huge Potential Liability Emerges Years After BASF Acquired Engelhard

When BASF SE acquired Engelhard Corp. nine years ago for $5 billion, executives unknowingly inherited a ticking legal time bomb. It all began decades ago over the seemingly mundane industrial product talc, used in everything from wallboards to handling auto …