Bayer’s $1.5 Billion Roundup Verdict Slashed to $600 Million (1)

Bayer AG’s Monsanto unit persuaded a Missouri judge to cut almost $1 billion from a $1.5 billion jury verdict that was one of the largest in the six years the company has been fighting thousands of claims that its Roundup weedkiller causes cancer.

Judge Daniel Green in Jefferson City, Missouri, refused to grant Monsanto’s post-trial requests that he order a new trial or throw out the entire verdict, but instead slashed the punitive-damages portion of the award by more than 60% to about $550 million, according to court filings.

Slashing the Missouri award may provide some relief to Leverkusen, ...