Bayer’s $11 Billion Roundup Deal Faces New Concerns From Judge

(Bloomberg) — Bayer AG’s comprehensive settlement of U.S. lawsuits over its Roundup weed killer is in jeopardy after lawyers for some consumers accused the company of reneging on the $11 billion deal and the judge overseeing the litigation questioned its truthfulness.U.S. District Judge Vince Chhabria said during a hearing Thursday he’s concerned Bayer has “manipulated” the settlement process since announcing its plan in June to resolve 125,000 cases alleging that the herbicide causes cancer. He said he will revisit in a month whether to keep the litigation on hold for settlement talks to continue or to let more trials proceed.“My …read more

Source:: Yahoo Finance

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