Bayer's $7.25 billion Roundup deal gets new September court date
Bayer's $7.25 billion Roundup deal gets new September court date By Dietrich Knauth
NEW YORK, Aug 6 (Reuters) - A Missouri judge on Thursday agreed to delay a hearing to consider Bayer's BAYGn.DE $7.25 billion proposed settlement of cases alleging that its weedkiller Roundup causes cancer, rescheduling an approval hearing for September 14.
The judge had previously scheduled an August 19 hearing to consider approving the settlement, but Bayer's Monsanto unit and plaintiffs' lawyers who support the deal asked for more time.
Bayer is reviewing requests to opt out of the settlement, and it said that some people want to rejoin the deal after a recent Supreme Court decision undercut one of the central legal claims in the Roundup cases.
The company said it is confident that the settlement is "fair to all parties and warrants final approval.”
Bayer is facing approximately 65,000 claims in U.S. state and federal courts from plaintiffs who say they developed non-Hodgkin lymphoma and other forms of cancer after using Roundup at home or on the job.
Bayer, which acquired Roundup when it purchased Monsanto in 2018, has said that decades of studies have shown Roundup's key ingredient, glyphosate, is safe and does not cause cancer.
The settlement, announced in February, aims to resolve most current and future Roundup claims in the U.S.
The case is King v. Monsanto, City of St. Louis Circuit Court, No. 2622-CC00325
For Bayer: Elaine Golin, Jeffrey Wintner and Carrie Reilly of Wachtell Lipton Rosen & Katz; Daniel Nelson and Derek Kraft of Gibson Dunn & Crutcher LLP; James Bennet of Dowd Bennett
Class counsel: Seeger Weiss; Motley Rice; Williams Hart & Boundas; Waters Kraus Paul & Siegel; The Holland Law Firm; Ketchmark & McCreight.
For objecting plaintiffs: Ashley Keller of Keller Postman LLC and R. Prescott Sifton of Frazer PLC.
Read more:
What does Bayer's US Supreme Court win mean for the thousands of Roundup lawsuits?
(Reporting by Dietrich Knauth)
Recent news on Bayer AG
See all newsBrief: Bayer Says Finerenone Slowed Kidney Decline In CKD
Insight: How cheap Chinese antibiotics threaten Europe's last major penicillin plant
Deutsche Bank AG FF - Post Stabilisation Notice -Bayer EUR 30NC6 & 30NC9
Brief: Bayer To Present New Finerenone Data Across Chronic Kidney Disease With And Without Diabetes At Asn Kidney Week 2026
Brief: FDA Approves Once-Weekly Generic Hormone Therapy Patch For Women