June, 2020 by Alex Formuzis WASHINGTON – In a settlement reached today, Bayer AG agreed to pay $10 billion over claims its signature herbicide Roundup causes cancer in people, according to a report by Reuters. The $10 billion settlement will be apportioned to four leading plaintiffs’ law firms, who will in turn distribute the money to nearly 100,000 …

25 May, 2020 by Tyler Durden Shares in Bayer AG surged on Monday morning following a report the German life science company reached a verbal agreement to resolve most of its lawsuits related to its glyphosate-based Roundup weedkiller, sources told Bloomberg. Bayer shares jumped 8.4% to EUR 62.50 on Bloomberg’s report of significant headway has been made in settling lawsuits. The report said the deal would …