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Bayer shares sag after U.S. jury verdict in Roundup cancer trial

Credit: Wochit News
Published on March 28, 2019 - Duration: 00:39s

Bayer shares sag after U.S. jury verdict in Roundup cancer trial

According to Reuters, Bayer AG shares sank to their lowest in almost seven years on Thursday after a U.S. jury awarded $80 million to a man who claimed use of the group’s weed killer Roundup caused his cancer, with thousands of similar lawsuits looming.

The jury in San Francisco federal court on Wednesday found Bayer liable because its Monsanto unit did not warn plaintiff Edwin Hardeman of the herbicide’s alleged cancer risks.

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Bayer shares sag after U.S. jury verdict in Roundup cancer trial

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