In one of the biggest settlements of all-time, Bayer mostly closed the book on the Roundup lawsuits that threatened its existence by agreeing to pay $10 billion to settle the claims. This includes payments to numerous Texas plaintiffs. Ironically, Bayer inherited the litigation when it purchased Monsanto, the company that originally sold the product.
The company’s predicament became obvious in 2018 when a California gardener was awarded a jury verdict of $289 million after he claimed that Roundup caused his terminal cancer. What was extremely damaging for the company was that years of internal documents were unearthed showing that the company fully knew of the dangers of Roundup. Instead of warning the public or pulling the product off the market, Monsanto allegedly undertook its own campaign to prove to the public and the scientific world that the product was completely safe.
For now, the settlement fund will cover most of the lawsuits that have been filed against the company. There will also be $1.25 billion set aside to cover future claims against the company. However, some claims against the company will continue to proceed. In the meantime, the company is continuing to appeal several of the very large jury verdicts that it was ordered to pay before the settlement. Even after the settlement, the EPA still permits the use of products that contain glyphosate, which is the main ingredient in Roundup.
Those who have been injured by products such as Roundup have the ability to file a product liability lawsuit against any company that was involved in the design, manufacture or sale of the thing that injured them. These lawsuits can require scientific evidence and expert testimony, so one needs a product liability lawyer to help them bring the case in court. Product liability lawsuits can lead to large settlements and jury verdicts against the defendants.