U.S. sides with Bayer in appeal of Roundup cancer lawsuit
CBS News | By Kate Gibson
Shares of Monsanto parent Bayer surged on Monday after the U.S. government put itself in the German company’s corner, arguing that a ruling that found the pesticide Roundup caused cancer should be overturned.
In a friend of the court brief filed Friday with a San Francisco-based appeals court, the Environmental Protection Agency said it reviewed and approved the warning label on the weed-killing product, and that a jury finding based on California law should be reversed. The Department of Justice joined the EPA in weighing in on the only federal jury ruling thus far in a long-running saga over Roundup.