Bayer AG on Wednesday asked a California appellate court to throw out a $78 mill...
- Bayer AG on Wednesday asked a California appellate court to throw out a $78 million judgment it was ordered to pay to a school groundskeeper who claimed the company’s weed killers gave him cancer.
In a filing in California’s Court of Appeal, First Appellate District, the company said that there was “no evidence” that glyphosate, a chemical found in the company’s Roundup and Ranger Pro products, could cause cancer. The verdict, which marked the first such decision against Monsanto, wiped 10 percent off Bayer’s value, and shares have since dropped nearly 30 percent from their pre-verdict value.
In another brief filed with the appeals court on Wednesday, Bayer said that decision came after newspaper articles and emails from five jurors in the case meant to “pressure” Bolanos to uphold the punitive damages award.
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