A jury has ordered Bayer subsidiary Monsanto to pay $73 million in compensatory damages and $784 million in punitive damages to seven former students and two parent volunteers at Sky Valley Education Centre in Monroe, Washington State, for health damage caused by polychlorinated biphenyls (PCBs) it supplied.
Bayer has made a series of agreements that, it said, “will substantially resolve” major outstanding Monsanto litigation at a cost it up to $5 billion in 2020, the same in 2021 and any more outstanding amounts in 2022. These have been unanimously approved by its board.
Most significantly, the company will pay $8.8-9.6 billion to resolve about 75% of the ongoing litigation related to the Roundup brand of glyphosate under a series of agreements. These contain no admission of liability or wrongdoing.