Shares of Bayer AG dropped over 12% on Wednesday after a jury in federal court in San Francisco ruled for the second time that its Monsanto Roundup weed killer caused cancer. It was the pharmaceutical giant’s biggest 1-day loss in 16 years, according to Reuters.
Free Confidential Lawsuit Evaluation: If you or a loved one has been diagnosed with non-Hodgkin lymphoma after using or being exposed to Roundup herbicide, you should contact our law firm immediately. You may be entitled to compensation by filing a suit against Bayer and our lawyers can help.
What’s the problem?
The lawsuit was filed on behalf of Edwin Hardeman, who claimed that decades of using Monsanto Roundup on his 56-acre property in Santa Rosa, California, caused his non-Hodgkin lymphoma. After deliberating for a week, the San Francisco jury unanimously agreed, finding that Roundup was likely a “substantial factor” in causing Hardeman’s cancer.
The decision dealt Bayer a hefty second blow in the Roundup litigation, having been defeated last August in a similar lawsuit filed by Dwayne Johnson, who now has terminal stage 4 cancer and was not even expected to survive the end of his trial.
“This looks like 2-0 plaintiffs, and clearly not helpful for the overall payout calculus and resolution of the litigation,” said Bernstein analyst Gunther Zechmann.
The Hardeman case marked the first federal bellwether trial in MDL 2741, which is being overseen by Judge Vince Chhabria in the Northern District of California.
The Hardeman case is unique in that the trial consists of 2 phases: the first to cover scientific disputes, the second to address allegations of wrongdoing by Monsanto. Bayer still faces thousands of additional lawsuits alleging that Roundup herbicide caused cancer.
Do I Have a Roundup Lawsuit?
The Product Liability Litigation Group at our law firm is an experienced team of trial lawyers that focus on the representation of plaintiffs in Roundup lawsuits. We are handling individual litigation nationwide and currently accepting new lymphoma cases in all 50 states.
Free Case Evaluation: Again, if you got cancer after using or being exposed to Roundup weed killer, you should contact our law firm immediately. You may be entitled to a settlement by filing a suit and we can help.