The Roundup Settlement – WSJ
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Here’s a shakedown for the history books. On Wednesday Bayer agreed to pay up to $10.9 billion to settle with plaintiffs attorneys who claim its weedkiller Roundup caused cancer. Even this massive payout doesn’t guarantee an end to the company’s trial-lawyer tribulations.
Bayer agreed to pay as much as $9.6 billion to settle some 125,000 cases and unfiled claims. In exchange, 25 law firms say they don’t intend to take on more litigation. Bayer will set aside another $1.25 billion for a future class-action settlement brought…