Bayer agrees to $7.25 billion proposed settlement over thousands of Roundup cancer lawsuits [BNN Bloomberg (Canada)]
BAYER AG S/ADR (BAYRY)
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Source: BNN Bloomberg
The proposed settlement comes as the U.S. Supreme Court is preparing to hear arguments on Bayer's assertion that the U.S. Environmental Protection Agency's approval of Roundup without a cancer warning should invalidate claims filed in state courts. That case would not be affected by the proposed settlement. But the settlement would eliminate some of the risk from an eventual and uncertain Supreme Court ruling — both for Bayer and for patients seeking damages. Germany-based Bayer, which acquired Roundup maker Monsanto in 2018, disputes the assertion that the weedkiller's key ingredient, glyphosate, can cause non-Hodgkin's lymphoma. But the company has warned that mounting legal costs are threatening its ability to continue selling the product in U.S. agricultural markets. “Litigation uncertainly has plagued the company for years, and this settlement gives the company a road to closure,” Bayer CEO Bill Anderson said Tuesday. The proposed settlement was filed in St. Louis Circui
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News
- Bayer reaches $7.25 billion settlement over claims that Roundup caused cancer By David A. Lieb and The Associated Press By David A. Lieb and The Associated Press February 18, 2026, 10:52 AM ET [Fortune]Fortune
- Bayer proposes $7.25B plan to settle Roundup cancer lawsuits [FOX Business Network]FOX Business Network
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- Bayer agrees to $7.25 billion proposed settlement over thousands of Roundup cancer lawsuits [Los Angeles Times (CA)]Los Angeles Times
- Bayer proposes $7.2 billion settlement to resolve Roundup weedkiller cases [CBS News]CBS News