Authored By: Candace Whitman
According to Amanda Bronstad of Law.com, Bayer recently proposed a $2 billion class-action settlement that would resolve future Roundup lawsuits. Numerous attorneys for the plaintiff are opposed to this proposed settlement because it would cap Bayer’s future liability and allow them to avoid punitive damages.
The settlement includes a $1.325 billion compensation fund program. For four years, Roundup users can make claims and be eligible to receive “$10,000 to $200,000 apiece, with $50 million set aside for extreme cases.” After four years, Bayer could renegotiate and extend the settlement in court. The settlement also designates funds for diagnostic testing, research, and attorney fees.
According to Leslie Brueckner, senior attorney at Public Justice, “there has never been a release of punitive damages in a class action settlement involving a hazardous product that was still on the market…”
The settlement hearing will take place on May 19. To read more about this proposed settlement, click here and here to read Bronstad’s articles on the subject.
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