Syngenta settles farmer lawsuits over corn traits
Syngenta last week said it has reached a pending settlement with plantiffs to resolve litigation concerning the sale of its Agrisure Viptera and Agrisure Duracade corn traits.
The settlement, which is subject to court approval, would establish a settlement fund for the submission of claims by eligible claimants who contracted to price corn or corn by-products after Sept. 15, 2013. Terms of the agreement weren’t officially disclosed, although Bloomberg reported the amount to be more than $1.4 billion.
Bloomberg also reported the settlement resolves all farmers’ litigation in the U.S. but doesn’t include...
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