Judge slashes $857 mln Monsanto verdict to $438 mln in PCBs case [Reuters]
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Source: Reuters
at a Seattle-area school, ruling that the company should pay $438 million instead. Monsanto spinoff Pharmacia was for selling polychlorinated biphenyls (PCBs) used in the Sky Valley Education Center in Monroe, Washington, that were not safe and did not contain adequate warnings. The verdict included $73 million in compensatory damages and $784 million in punitive damages for the plaintiffs, seven former students and parent volunteers at the school who said PCBs caused them neurological, endocrine system and other health issues. King County Superior Court Judge Jim Rogers let the $73 million component stand in a ruling on Tuesday, but he reduced punitive damages to five times that amount, or $365 million, and shaved another $1.5 million from the judgment to account for a related settlement. Monsanto had argued in January that the original award was unconstitutionally excessive. The U.S. Supreme Court has said that punitive damages should generally not be more than nine times co
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