$400 Million Dicamba Settlement Agreement Reached
Monsanto’s successor Bayer AG has agreed to pay up to $300 Million to soybean producers and additional amounts to producers of other non-soybean and specialty crops who have suffered dicamba damage from dicamba sprayed ‘over the top’ of dicamba tolerant soybeans or cotton between 2015 and 2020. Bayer has agreed to pay attorneys fees, litigation expenses and claims administration expenses and other costs in addition to the amounts provided to qualified claimants. The total settlement value is expected to reach up to $400 Million.
The settlement comes in the wake of a $265 Million verdict against Bayer and BASF in the U.S. District Court for the Eastern District of Missouri, before United States District Judge Stephen N. Limbaugh, Jr. On February 14, 2020, a jury awarded $15 Million in compensatory damages and $250 Million in punitive damages to Bader Farms, a peach grower in Southeast Missouri, in the first trial in the multidistrict litigation involving farmers suing Monsanto’s successor Bayer AG and German Chemical conglomerate BASF over crop damages from off-target movement of Dicamba Herbicide.
Attorneys at the Blanton Law Firm worked with other law firms at the forefront of this multidistrict litigation against Monsanto and BASF. Attorneys at the Blanton Law Firm have worked closely with attorneys on the Court-appointed Plaintiff’s Executive Committee, to help achieve this result.
If you have suffered Dicamba related damage, you may be eligible for compensation. Blanton, Nickell, Collins, Douglas & Hanschen , LLC is happy to help. Our law firm draws on 100 years of excellence in legal service to our clients. Attorneys at the firm have been at the vanguard of this issue, and have litigated to obtain compensation for farmers damaged by dicamba drift. We will work to obtain the best recovery for your farming operation possible. We live in Southeast Missouri, and this has clearly been a problem for our local agricultural economy. We will be happy to discuss your claim and help you obtain compensation for your losses.
Please call us today at (573) 471-1000 or e-mail Patrick Douglas at pdouglas@blantonlaw.com to discuss your claims.
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