Roundup Cancer Lawsuit News

Monsanto's Financial Ruin Is Expected To Escalate In The Coming Weeks

Lawsuits against Monsanto reported within next week or so could double or triple bringing pressure on Bayer to settle them before their entire company is destroyed

Thursday, October 17, 2019 - Reuters is now reporting that Bayer/Monsanto is trying to settle with thousands of individuals that claim they have developed cancer from using or Roundup herbicide. Reuters says that Bayer is expecting a dramatic increase in the number of lawsuits that have been filed against them that claim that glyphosate, the active ingredient in Roundup, caused them to develop non-Hodgkin's lymphoma, a rare and deadly form of cancer, now thought to approach 19,000 in number. According to Reuters "Analysts at JP Morgan, citing an analysis of Missouri court data, said in an Oct. 9 research note that the total number of glyphosate cases could rise to more than 45,000." Lawyers for Bayer/Monsanto track the advertising of plaintiffs lawyers to get an indication of the number of new lawsuits that will be filed against them. Previous estimates for Roundup settlements were estimated to be in the $2-$10 billion range, but the actual number could be several times greater. Roundup herbicide cancer lawsuits lawyers are experts at handling product liability litigation and provide the best legal representation nationwide.

Bayer/Monsanto have found themselves on the short side of several lawsuits and juries have awarded millions of dollars to plaintiffs with cancer. Each case was brought by a long-term and regular user of the herbicide such as a farmer, landscaper, or government maintenance worker. Theses individuals came into direct skin contact with the chemical mixture in Roundup that includes a deadly surfactant chemical whose purpose is to help glyphosate bond to a plant giving it time to become absorbed and do its job. Unfortunately, the same chemical that bonds glyphosate to plants also bonds it to human skin. Expert witnesses have testified and Monsanto itself has admitted that when this happens, quantities of glyphosate can bio-accumulate to cancer-causing levels. The International Agency for Research on Cancer (IARC) has determined that glyphosate is probably carcinogenic to humans after conducting their tests and examined independent laboratory tests to come to their conclusion. The State of California has added Roundup herbicide to its Proposition 65 list of consumer products sold in the state that contain chemicals that could cause cancer, as a result.

Bayer faces financial difficulties related to its acquisition of Monsanto last year for $63 billion. Legal and settlement costs could exceed $50 billion and the adverse publicity surrounding glyphosate has caused the company's stock market capitalization to fall by billions as well. Municipal, state and federal governments around the world are banning the use of the chemical, some for agricultural as well as aesthetic purposes. If world farmers are banned from using glyphosate, Monsanto's seeds that are genetically modified to resist Roundup could be rendered useless costing Bayer/Monsanto countless billions of revenue going forward and putting the viability of Monsanto as a going concern in question. The only question now is will Monsanto's financial woes bring down Bayer itself.

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Lawyers for Roundup Cancer Lawsuits

Attorneys handling Roundup cancer lawsuits for leukemia, non-Hodgkin lymphoma, and multiple myeloma offer free, no-obligation case review for individuals and families who believe they may have grounds to file a Roundup cancer lawsuit. Working on a contingency basis, these attorneys are committed to never charging legal fees unless they win compensation in your Roundup cancer lawsuit. The product liability litigators handling Roundup claims at the Onder Law Firm have a strong track record of success in representing families harmed by dangerous drugs and consumer products.