Bayer's shares fell by nearly 6% after a U.S. jury ordered the German company to pay $2.25 billion in damages to a former Roundup weed killer user who claimed the product caused his cancer. This is the highest amount yet in Bayer's ongoing litigation related to the alleged carcinogenic effect of Roundup. The company is facing mounting pressure to handle its Roundup weedkiller litigation, with U.S. jury verdicts totaling almost $4 billion in the last three months. Additionally, an Australian court is hearing closing arguments in a class action lawsuit alleging that Bayer's weedkiller caused cancer, marking the first such case in Australia. Bayer is also betting big on U.S. appeals courts as Roundup verdicts continue to accumulate, and there are concerns about potential future liabilities from Roundup lawsuits.
Probably due in part to the presumption of more unmitigated liabilities from RoundUp lawsuits coming after the largest victory for a plaintiff vs Bayer of yet. https://t.co/9bsXXNobpp https://t.co/JzzNSiTLEF
Probably due in part to the presumption of more unmitigated liabilities for RoundUp lawsuits coming after the largest victory from a plaintiff vs Bayer of yet https://t.co/r9u4j4sC8l https://t.co/JzzNSiTLEF
As Roundup verdicts pile up, Bayer bets big on US appeals courts https://t.co/OQWJI6fptC https://t.co/kcFyF2XeY3
Bayer AG faces pressure to find a new plan for handling its Roundup weedkiller litigation after its biggest courtroom loss so far, with a jury awarding $2.25 billion to a former user who blamed his cancer diagnosis on exposure to the herbicide. https://t.co/e9LvD71IGl
A Pennsylvania man who said his cancer was caused by Roundup weed killer has been awarded a $2.25 billion verdict from Bayer, his lawyers announce. https://t.co/vSvBPmz7W6
BAYER FACES AUSTRALIAN TEST WITH JUDGE TO DECIDE WHETHER WEEDKILLER CAUSED CANCER (Reuters) An Australian court on Tuesday heard closing arguments in a class action lawsuit alleging that a weedkiller produced by Bayer caused cancer, the first such case in Australia to reach this… https://t.co/d0m0Jm0RX8
Bayer ordered to pay $2.25 billion after jury concludes Roundup weed killer caused a man’s cancer, attorneys say https://t.co/Sr3rSok6FW
Bayer faces mounting pressure to come up with a new plan for handling its Roundup weedkiller litigation after getting hammered by US jury verdicts totaling almost $4 billion over the last three months https://t.co/MVOZTFnVgh
BAYER SHARES DROP 4.5% AFTER JURY VERDICT OVER $2.25 BILLION IN DAMAGES (Reuters) Shares in Bayer opened 4.5% lower on Monday after the German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic… https://t.co/2nVBwkENKr
Shares in Bayer fell close to 6% after the German company was ordered to pay $2.25 billion in damages in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller https://t.co/OWrX0TBg13 https://t.co/ATeEf4dLi3
WATCH: Shares in Bayer dropped nearly 6% after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller https://t.co/zgovaQ5Shx https://t.co/3w0fenLTbo
Shares in Bayer dropped nearly 6% after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller https://t.co/OWrX0TBg13 https://t.co/HVXdW0tKZV
*BAYER FALLS 5% AFTER $2.2 BILLION ROUNDUP VERDICT* | SO why are we still selling #roundup?
Bayer shares slump after the German conglomerate was ordered to pay $2.25 billion to a former Roundup user who blamed the weed killer for his cancer https://t.co/Y9TiT5u8qY