Contact 2: Missouri class-action lawsuit takes aim at Monsanto, Roundup https://t.co/M8sjikPdoi via @Mike_Colombo #Bayer
— Adrian Holman (@ahol888) July 17, 2019
Over the past few years, the lawsuits placed against Monsanto have been due to the weed killer RoundUp causing non-Hodgkins lymphoma cancer in the plantiffs. Despite of this history, Bayer bought Monsanto one year ago. Now, Bayer’s stock has dropped 50% within a year because they have to pay out the losses they are experiencing in the courtroom.
Earlier this week, the law firm Gray, Ritter, and Graham in Missouri has filed a class-action lawsuit against Monsanto for not placing a warning label about its product causing cancer on its products. The firm believes that Monsanto is financially responsible due to its deceptive practices. If Bayer loses this case, then basically anyone in the entire world would be able to sue Monsanto even if that particular person has never used RoundUp. This case could be a worldwide jackpot at the expense of Bayer and Monsanto.
I will settle for them having to clean up their messes, and jail time for the board of directors…
They’re not going to jail; they were smart enough not to send their GMO’s to China. Litigation will take its toll on the company.
I can still hope for it. There is no problem with GMOs, the problem is with the carcinogen pesticides…
Too bad but it does look like Bayer is on the downfall.
It’s too bad that Bayer made the decision to buy Monsanto. They knew what they were getting into when they bought Monsanto. These are just the consequences.
It seems that the company is a big problem because of the omission it has made.
Yes, they do have a big problem. If they put warning labels on their products like every other company does, then they would have been OK.
I still think that Bayer might have to file for bankruptcy. It’s possible.
Yeah, Bayer made a bad decision to buy Monsanto. I guess that people will have to start using Tylenol for their aspirin choice if Bayer goes bankrupt.
Nice post,thanks for sharing.
Thank you for reading and tell others to read.