Bayer Roundup Verdicts Raise Pressure for New Legal Strategy (2)

Jan. 30, 2024, 8:33 PM UTC

Bayer AG faces mounting pressure to come up with a new plan for handling its Roundup weedkiller litigation after getting hammered by US jury verdicts totaling almost $4 billion over the last three months.

The German conglomerate’s latest courtroom loss was its biggest since Roundup cases started going to trial five and a half years ago, with a Pennsylvania jury awarding $2.25 billion to a former Roundup user who blamed his cancer diagnosis on long-term exposure to the herbicide.

That prompted a fresh slump in Bayer’s shares, as investors worried about the more than 50,000 Roundup claims outstanding in the ...

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