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Judge taps Feinberg as mediator in Bayer Roundup settlement talks

May 22, 2019 5:54 PM ETBayer Aktiengesellschaft (BAYRY) StockBAYRYBy: Carl Surran, SA News Editor7 Comments
  • Attorney Kenneth Feinberg is appointed mediator for court-mandated settlement talks in U.S. litigation over allegations that Bayer's (OTCPK:BAYRY) Roundup weedkiller caused cancer.
  • The U.S. District Judge overseeing ~900 federal Roundup lawsuits appointed Feinberg after the parties failed to agree on a mediator.
  • Feinberg previously led mediation talks over the September 11 Victim Compensation Fund, the BP Deepwater Horizon disaster, Volkswagen's diesel emissions scandal and General Motors ignition switch litigation.
  • More than 13K plaintiffs across the U.S. allege Roundup causes non-Hodgkin’s lymphoma and that the company failed to warn about the risk; the vast majority of lawsuits are pending in various state courts.

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