Settlement Overview

On June 24, 2020, Bayer announced a series of agreements that will substantially resolve major outstanding Monsanto litigation, including U.S. Roundup™ product liability litigation. The U.S. Roundup™ resolution will bring closure to approximately 75% of the current Roundup™ litigation involving approximately 125,000 filed and unfiled claims overall. The resolved claims include all plaintiff law firms leading the Roundup™ federal multi-district litigation (MDL) or the California bellwether cases, and those representing approximately 95% of the cases currently set for trial, and establish key values and parameters to guide the resolution of the remainder of the claims as negotiations advance.

Key Provisions:

• The company will make a payment of $8.8 billion to $9.6 billion to resolve the current Roundup™ litigation, including an allowance expected to cover unresolved claims.
• Those participating in the settlement will be required to dismiss their cases or agree not to file.
• The range of $8.8 billion to $9.6 billion covers both the agreements already signed and those that are still under negotiation.
• Customers, including farmers and other professional users who depend on glyphosate-based herbicides for their livelihoods, will see no change in the availability of Roundup™ products under the agreements.
• The three cases that have gone to trial — Johnson, Hardeman and Pilliod — are not covered by the settlement.