Bayer has announced a massive settlement of court cases involving its Roundup and dicamba products and PCB water litigation Bayer has announced a massive settlement of court cases involving its Roundup and dicamba products and PCB water litigation with no admission of fault.

The company says it will pay a total of $10-point-one to

nearly $11 Billion dollars to settle 125-thousand filed and unfiled claims.

Werner Baumann is CEO of Bayer and told reporters this afternoon, “We are settling these cases solely to enable us to move forward and focus on the needs of our customers.”

Baumann says the vast majority of the settlement goes for

Roundup litigation and up to $400 Million goes for drift damage lawsuits from

2015 through 2020, except for Bader peach farms in southeast Missouri which was

awarded at a jury trial.

…