Post a Comment Print Share on Facebook
Featured Los Angeles Lakers Length Cubs New York Mets Jack Nicklaus


Bayer must pay $ 2 billion in damages

agricultural chemical and pharmaceutical group, Bayer has lost in the United States, the third important process in order to allegedly carcinogenic products, of the daughter of Monsanto. Had sued a Retired couple.

The jury-the Jury of the competent court in Oakland, California sentenced the company on Monday to pay damages in the total amount of two billion dollars to the two plaintiffs. The biggest part of this is the so-called punitive damages.

The couple makes Monsanto's herbicide Roundup, with the controversial active ingredient glyphosate for his cancers. The couple Alva and Alberta Pilliod, both of which are over 70 years old, gave the decades-long use of glyphosate ester Roundup-containing weed out the debt to your lymph glands cancer diseases.

During the end of March, process will be initiated, the prosecution had not tried again and again to convince the jury that Monsanto's products cause cancer, but also that, for example, with rigged studies, risks obscured.

group rejects debt

Bayer, the case is highly controversial: It is already the third conviction within a few months, and additional processes will follow. Most recently, the group in the United States, according to its own information with about 13'400 lawsuits because of the weed ester Roundup destroy face. Bayer has appealed in the first two cases of appeal. The group rejects health hazards of Monsanto's products vehemently.

Bayer said on Tuesday night that the company was disappointed by the decision of the Jury and will take legal proceedings.

shareholders at the annual General meeting at the end of April due to massive price losses since the Takeover by Monsanto and the litigation went hard to the court with the Bayer management. The business line has not been relieved. The Board of Directors, the vote of confidence, if also unusually scarce.

Despite the vote of no confidence want to give major investors the Management of a second Chance and warn of a premature change, because they fear that the Chaos at Bayer, so that the only increase would be. (chk/sda)

Created: 14.05.2019, 00:32 PM

Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.