Bayer-Monsanto Agrees to $10B Settlement With Victims Poisoned by Roundup Weedkiller
WASHINGTON – In a settlement reached today, Bayer AG agreed to pay $10 billion over claims its signature herbicide Roundup causes cancer in people, according to a report by Reuters.
The $10 billion settlement will be apportioned to four leading plaintiffs’ law firms, who will in turn distribute the money to nearly 100,000 clients who were stricken with cancer after prolonged use of the toxic weedkiller.
The German company acquired the St. Louis-based agrochemical giant Monsanto in 2018 for $63 billion, and inherited liability in thousands of lawsuits filed by people who claim exposure to Roundup and its main ingredient glyphosate was the cause of their cancer.
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