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BREAKING: Bayer Ordered to Pay $2 Billion in Damages in 3rd Roundup-Cancer Trial; Is Bankruptcy On the Horizon?

Today a jury in Oakland, California awarded more than $2 billion to a couple who charged that Bayer AG's glyphosate-based Roundup weed killer caused their cancer. How will Bayer continue to sustain such punishment without filing bankruptcy?  According to a report on Bloomberg.com, this marks the largest jury award in the U.S. this year, and the eigth-largest ever in a product-defect claim. This also marks the third such ruling, after two other recent California trials over the herbicide causing cancer yielded combined damages against Bayer AG of $159 million.  Read more...

 

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