finance.yahoo.com

Judge to review Bayer’s $7.25B Roundup settlement in Missouri court

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A Missouri judge, Timothy Boyer, will examine Bayer’s proposed $7.25 billion Roundup settlement, weighing objections from some plaintiffs attorneys against arguments that it is the best route to compensation. The case could resolve tens of thousands of U.S. claims amid about 65,000 pending suits. Observers link the effort to CEO Bill Anderson’s turnaround after a 2020 settlement, while glyphosate was deemed a probable carcinogen by WHO’s IARC in 2015 and the EPA is updating its glyphosate risk review.

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