SAN FRANCISCO – With the expected relapse of shares and other lawsuits, Monsanto on Tuesday promised to defend its best-selling weed killer Roundup nationwide after a San Francisco judge upheld a verdict that Causing Cancer
Legal experts said the decision will have little value in courtrooms across the country where similar cases are pending. Similar lawsuits doubled from 4,000 to 8,000 after a San Francisco jury awarded $ 389 million to parking attendant DeWayne Johnson in August.
Monsanto lawyers said they would fight Johnson and any other lawsuit in the country claiming that the drug is the world's most popular herbicide. Glyphosate – causes cancer. Johnson's lawsuit was the first lawsuit to go to court, and several more appear to be ready early next year.
Judge Suzanne Bolanos lowered Johnson's jury's prize to $ 78 million on Monday, but confirmed her verdict against St. Louis-based Monsanto
reduced $ 25 million in punitive damages to $ 39 million in one short decision, in sharp contrast to a previous preliminary decision, she doubted that Johnson should receive such an award.
Bolanos previously said that Johnson's attorneys Monsanto did not show executives acting with malice, which is required for punitive damages. She did not explain her opinion. Several jurors wrote to the judge asking them to respect their verdict, but legal experts said that this should not have affected the judge.
Monsanto's lawyer said it would challenge the decision if Johnson accepted the award and did not ask for a new trial. He has to decide until the 7th of December.
Monsanto argues that numerous scientific studies and the US Environmental Protection Agency have found glyphosate safe.
"For this reason, we will continue to vigorously defend our glyphosate-based products, company spokesman Daniel Childs said.
Johnson's lawyer argued that the World Health Organization concluded otherwise in 2015.
Legal experts say the San Francisco decision will not have immediate legal effect on the other lawsuits, especially since they predict months, if not years, appeal
A San Francisco court ruling is not binding in any other court The rulings of the California Court of Appeals are binding in California courts, however, not in state court proceedings.
"It's just an early piece in a big, legal puzzle," said David Levine, Hastings University Professor.
Levine said the company will not consider settling a lawsuit until enough court decisions pile it up. "There just are not enough data points to make a decision," he said.
The German company Bayer Ag bought Monsanto, which is based in St. Louis in August, for $ 63 billion. His share price fell 8.6 percent per share on Tuesday.
"This topic will of course not disappear," wrote UBS analyst Michael Leuchten on Tuesday in a notice to investors.
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