A Georgia jury ordered Bayer, Monsanto’s parent company, to pay nearly $2 billion in damages to the plaintiff who said its Roundup weed killer caused his cancer. The verdict includes one of the largest payouts in a Roundup-related case. Bayer said it will appeal, maintaining that Roundup is safe and its label complies with EPA guidance. The company has faced over 170,000 lawsuits and set aside $16 billion for settlements.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02A Georgia jury ordered Bayer, Monsanto's parent company,
00:05to pay nearly $2 billion in damages to the plaintiff who said its Roundup weed killer
00:09caused his cancer. The verdict includes one of the largest payouts in a Roundup-related case.
00:14Bayer said it will appeal, maintaining that Roundup is safe and its label complies with EPA
00:19guidance. The company has faced over 170,000 lawsuits and set aside $16 billion for settlements.
00:26For all things money, visit Benzinga.com.