February 28, 2020
German drugs and pesticides company Bayer was at pains on Thursday to quell expectations it was nearing an out-of-court settlement laying to rest claims its glyphosate-based cause cancer. Bayer said after publishing its earnings outlook for 2020 it was in …
February 10, 2020
Bayer AG has asked a California appeals court to overturn an $86 million verdict that found it was responsible for a couple’s cancer caused by its glyphosate-based weed killer Roundup. In a Friday night filing with the California First District …
October 30, 2019
Bayer AG faces a surge in lawsuits from people alleging that its weedkiller Roundup causes cancer, ratcheting up the legal pressure as the company engages in settlement talks. There are now 42,700 U.S. plaintiffs suing over Roundup — the herbicide …
October 17, 2019
FRANKFURT, Germany — Bayer expects the number of claims in the United States related to Roundup herbicide to have surged in the third quarter, as the German drugs and pesticides maker tries to reach a settlement after earlier court rulings …
August 12, 2019
NEW YORK/FRANKFURT — Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as …
July 30, 2019
Bayer AG Chief Executive Officer Werner Baumann said he’d consider a “financially reasonable” settlement of litigation over the weedkiller Roundup as the caseload swells and the company’s shares slump anew. The number of lawsuits from people in the U.S. who …
July 26, 2019
A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer Roundup for their cancer to $86.7 million. Superior Court Judge Winifred Smith of the California Superior …
July 3, 2019
A federal judge said he’ll probably reduce — but not throw out entirely — an $80 million jury verdict against Bayer AG in the second case to go to trial over claims the company’s Roundup herbicide causes cancer. U.S. District …
June 27, 2019
Bayer AG rose the most in a decade after hiring a high-profile lawyer to fight a slew of cases over its Roundup weedkiller and receiving a major vote of confidence from Elliott Management Corp. Bayer’s moves to bolster its response …
June 14, 2019
Bayer AG will pump about 5 billion euros ($5.6 billion) of its research and development budget into alternatives to its weedkiller glyphosate over the next decade as it battles more than 13,000 lawsuits claiming the herbicide causes cancer. Trying to …