Bayer Feels the Pressure to Settle RoundUp Lawsuits Quickly

It seems as if there’s an update on the Monsanto RoundUp litigation every week. And that’s because there is. With over 40,000 cases filed already, that can be expected. It’s a surprise to many people in the legal industry that these cases haven’t been settled yet. Bayer hasn’t managed to win a single case yet and there have been some giant verdicts decided in favor of RoundUp plaintiffs.

Once people started talking about settlements in this case, attorneys all over the country stepped up their advertising. This means that, this summer alone, there were close to 20,000 new cases filed. People don’t want to miss their window to file suit against the massive company.

Once these additional cases were filed, Bayer saw their market value plummet by more than $30 billion. Their shareholders are starting to lose confidence that the company will be able to settle Roundup lawsuits. Every week that the litigation continues the company continues to lose money. This is why most people agree that a settlement will happen sooner rather than later.

There are already a dozen cases set for trial next year. The next one is set to start on January 15, 2020 in California. If this case is anything like the others, the plaintiff will receive a pretty high verdict. If Bayer wants to avoid this trend, they need to seriously consider offering a settlement in this litigation.

If you or your loved one have gotten cancer as a result of using the RoundUp weed killer, you need to contact the Los Angeles mass tort lawyers at Dalimonte Rueb Stoller right away. Time to join the Monsanto litigation is running out quickly. You don’t want to miss your opportunity to get the damages you deserve.

Source: https://www.bloomberg.com/news/articles/2019-10-30/bayer-is-now-facing-42-700-plaintiffs-in-roundup-litigation

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