Tag: Bayer Monsanto life killers
On August 10, 2018, a jury ruled in favor of the plaintiff, Dewayne Johnson, who claimed Monsanto’s Roundup caused his Non-Hodgkin lymphoma, and awarded Johnson $289 million in damages According to the ruling, Monsanto “acted with malice or oppression” and was responsible for “negligent failure” by not warning consumers about the carcinogenicity of its product. There are an estimated 5,000 additional plaintiffs waiting in the wings for their day in court with Monsanto. All believe Roundup exposure caused their cancer. In the week following Johnson’s verdict, Bayer stock fell by 18 percent, evaporating about $14 billion of the company’s market value (a loss equivalent to 21 percent of Monsanto’s acquisition value). Will Bayer survive 5,000 more lawsuits?
