(Bloomberg) — Bayer AG said it anticipates a “significant surge” in the number of plaintiffs suing the company over the weedkiller Roundup when it reports earnings later this month.An increase in advertising by U.S. attorneys seeking new clients since mediation talks began will likely add to the litigation, the German drugs and chemicals giant said in an emailed statement. There were 18,400 plaintiffs as of July, the last time Bayer provided an update.The Roundup crisis has cost Bayer more than $30 billion in market value as the company lost three U.S. trials over whether the popular herbicide causes cancer, suffered …read more
Source:: Yahoo Finance
