Bayer Sets Aside $4.5 Billion for Potential Roundup Settlements
Roundup Lawsuit Costs Continue to Pile Up for Bayer
Bayer faces potentially massive costs in thousands of Roundup lawsuits. On July 29, the company announced that it was setting aside an additional $4.5 billion to cover the ongoing litigation and potential settlements and/or verdicts. Bayer has already set aside roughly $11 billion to cover expenses related to Roundup litigation.
The company is facing allegations by thousands of plaintiffs that Roundup weed killer causes cancer — in particular, non-Hodgkins lymphoma. In mid-2020, Bayer negotiated a global Roundup settlement that would distribute more than $10 billion among roughly 125,000 potential victims. Roughly 30,000 plaintiffs have yet to agree to the settlement terms, however.
With roughly $15 billion now set aside by Bayer for Roundup lawsuits, the litigation is already some of the most expensive in U.S. history.
Bayer to Appeal to Supreme Court
Separately, Bayer has announced that it will appeal a recent Roundup lawsuit verdict to the U.S. Supreme Court. The company hopes that a ruling in its favor will effectively bring an end to Roundup litigation nationwide.
“We believe that the U.S. Supreme Court should give strong consideration to accepting our petition … and render a positive ruling,” said Bayer CEO Werner Baumann.
Despite research linking glyphosate to cancer and numerous setbacks in court, Bayer continues to vigorously defend the safety of its Roundup herbicide products, and denies any negligence or wrongdoing.
Potential Roundup Settlement Amounts
There are never any guarantees, and the outcome of any case depends on its unique facts and circumstances, but legal analysts anticipate that potential settlements in Roundup cancer lawsuits may be significant. After the global settlement announcement in 2020, the New York Times reported that potential victims might receive settlements in the $5,000 to $250,000 range.
There is Still Time to File a Roundup Cancer Claim
Our firm continues to investigate claims and represent clients in Roundup lawsuits — and as of July 2021, it is not too late to file a Roundup cancer claim. For a FREE, no-obligation consultation with an experienced Roundup lawsuit attorney, please call 1-800-525-7111 or complete the fast and easy form below.
There are no upfront costs, and we don’t get paid unless you do — if we don’t recover compensation for you in a potential Roundup settlement or verdict, you won’t pay any attorney fees. That’s our promise to you.
At Riddle & Brantley, our product liability attorneys have been advocating for victims since 1985. Together, our Roundup lawsuit lawyers have more than 225 years of combined legal experience, and have recovered more than $600 million in total compensation for victims of others’ negligence since 2000 alone (see disclaimer below).
“There is still time to file a claim if you’ve been exposed to Roundup and diagnosed with non-Hogkins lymphoma.”
–Gene Riddle, Roundup lawsuit attorney, Riddle & Brantley
We invite you to call us at 1-800-525-7111 for a FREE, no-obligation consultation to see if you may qualify for a Roundup lawsuit and potential settlement.
Don’t wait — there is still time to file a Roundup cancer claim if you’ve been exposed to Roundup weed killer and been diagnosed with non-Hodgkins lymphoma.
*** Disclaimer: The results mentioned are intended to illustrate the type of cases handled by the firm. These results do not guarantee a similar outcome, and they should not be construed to constitute a promise or guarantee of a particular result in any particular case. Every case is different, and the outcome of any case depends upon a variety of factors unique to that case.