Investors are demanding around 2.2 billion euros ($2.5 billion) from Bayer as part of a possible class action lawsuit in Germany over the takeover of U.S. seed manufacturer Monsanto, law firm Tilp said on Monday. The law firm said that …
BERLIN – Bayer faces a billion-dollar investor class action lawsuit in Germany over the takeover of U.S. seed manufacturer Monsanto, specialist law firm Tilp Rechtsanwaltsgesellschaft said on Wednesday. Tilp said it was representing more than 250 institutional investors and a …
The U.S. Supreme Court on Monday asked President Joe Biden’s administration for its views on whether the justices should hear Bayer AG’s bid to dismiss claims by customers who contend its Roundup weedkiller causes cancer, as the company seeks to …
Bayer lost a third appeal against U.S. court verdicts that awarded damages to customers blaming their cancers on use of its glyphosate-based weedkillers, leaving the German drugs and pesticides group to pin hopes for legal relief on the U.S. Supreme …
Bayer said on Thursday it would book an additional provision of $4.5 billion related to litigation which alleges that its weedkiller Roundup can cause cancer. Bayer made the announcement in an update to investors on how it plans to deal …
Farmers in Germany will have to gradually reduce their use of glyphosate and stop using it completely from 2024 in order to preserve clean habitats for insects, under draft legislation passed by the country’s cabinet on Wednesday. “The exit from …
Bayer AG failed to settle outstanding U.S. Roundup lawsuits by Monday, the deadline set by a judge who has said he’ll resume federal trials over claims the weedkiller caused consumers’ cancer. Ahead of its release of an earnings statement Tuesday, …
Bayer AG has settled thousands of U.S. Roundup weed killer lawsuits as part of an $11 billion settlement, reaching deals with the only lawyers who took cases to trial over allegations the herbicide caused cancer. In letters filed with U.S. …
Talks between Bayer AG and plaintiff lawyers to settle claims that the German company’s glyphosate-based weedkillers cause cancer have been slowed by the coronavirus pandemic, Bayer’s Chief Executive told daily Handelsblatt. “This is about currently not being able to meet …
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 against it. “With …
