Anton78 schreef op 28 augustus 2020 10:20:www.marketwatch.com/story/bayers-roun...
Bayer’s Roundup settlement hits roadblock
Bayer’s BAYN, -2.88% $10.9 billion settlement to resolve lawsuits over the safety of its Roundup weedkiller is stalling, plaintiffs’ attorneys said Thursday in court.
The German chemical and pharmaceutical giant said in June it had reached deals to settle 75% of the 125,000 cases alleging its popular weedkiller causes cancer and was working to tie up the rest. Shareholders welcomed the news after three California juries returned massive awards against the company in Roundup trials. Bayer says Roundup is safe and doesn’t cause non-Hodgkin lymphoma.
Deals with some of the lead plaintiffs’ lawyers, Aimee Wagstaff and Jennifer Moore, still haven’t been signed by Bayer, the lawyers told a judge at a Thursday hearing. Another agreement to resolve a large batch of cases was terminated altogether earlier this month, plaintiffs’ lawyer Brent Wisner said.