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Court Authorizes Notice of Proposed Class Action Settlement for Farmers, Landscapers and Others Exposed to Weed Killers [Yahoo! Finance]

BAYER AG S/ADR (BAYRY) 
NASDAQ:AMEX Investor Relations: investor.bayer.com
Company Research Source: Yahoo! Finance
Hart & Boundas LLP, The Holland Law Firm, and Ketchmark & McCreight P.C. announce that the Circuit Court of the City of St. Louis, State of Missouri, has granted preliminary approval of a proposed class action settlement of up to $7.25 billion in King v. Monsanto Company . The Court has preliminarily approved the settlement and authorized a comprehensive notice program to inform individuals who may be part of the Settlement Class of their rights and options. The proposed settlement resolves claims that exposure to Roundup® and other glyphosate-based weed killers causes non-Hodgkin lymphoma (NHL), a blood cancer that can take 10 to 15 years to develop after exposure. Monsanto denies all allegations of wrongdoing and liability. The Court has not made any finding regarding the merits of the claims. "This agreement is designed to ensure that people who have been diagnosed with Non-Hodgkin Lymphoma as a result of their Roundup exposure, and those who may develop NHL in the future, will Show less Read more
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