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Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

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31–40 of 95 posts

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#31

This is so ridiculous, the science points to the fact that the claim that it causes cancer is not true... I really don't like the american justice system. We literally live next to coal plants that put chemicals in the air 24/7 that are certainly certainly causing cancer for people later... You can find studies showing certain meats are correlated with cancer, can we sue the grocery stores?

I mean I would also support levying multi-billion dollar fines against coal plants. Frankly in terms of the negative externalities they have caused they probably owe that many times over.

The American coal industry employs less than 50,000 people. For $5B, you could close every coal plant, give every single person a $100,000 severance package and tell them to go find a job elsewhere.

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#32

This is so ridiculous, the science points to the fact that the claim that it causes cancer is not true... I really don't like the american justice system. We literally live next to coal plants that put chemicals in the air 24/7 that are certainly certainly causing cancer for people later... You can find studies showing certain meats are correlated with cancer, can we sue the grocery stores?

> This is so ridiculous, the science points to the fact that the claim that it causes cancer is not true. I just Kagi'd it and UW says non-hodgkins up by 40% with roundup exposure. I guess the question would be "whose science".

exactly, in the court rooms you have scientists on each side of the case. They've all graduated from the same Ivy Leagues, just are getting paid by different teams.

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#33
post #17

Earlier quoted context omitted.

Monsanto hasn't been a separate company for years: Bayer bought them out for 63 billion in 2018: A coup for the Monsanto CEO, as Bayer's total market cap today is 34 billion, and that includes all the pharma and chemical work too, not just crop science. When they were independent, their legal team had a very successful track record, but I am told the majority of them just retired with the very large windfall they got…

Why are they down so much?

The Roundup lawsuits are a factor. One of their largest products is an albatross.

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#34

This is so ridiculous, the science points to the fact that the claim that it causes cancer is not true... I really don't like the american justice system. We literally live next to coal plants that put chemicals in the air 24/7 that are certainly certainly causing cancer for people later... You can find studies showing certain meats are correlated with cancer, can we sue the grocery stores?

> This is so ridiculous, the science points to the fact that the claim that it causes cancer is not true. I just Kagi'd it and UW says non-hodgkins up by 40% with roundup exposure. I guess the question would be "whose science".

"up by 40%" only on a study of people living on or near farms where glyphosate is sprayed.

Actual probability you will get NHL from roundup if the figures are accurate (again, limited study results, no causation found), in the worst case, goes from 2% chance to 2.8% chance.

Amazingly, none of this considers the additives to roundup that aren't glyphosate, which everyone agrees are much more likely to hurt you. The case seems to hinge on the least harmful part of Roundup.

This whole case is a great example of a lack of scientific literacy and a whole lot of fear, combined with a dislike for large corporations, resulting in a whole lot of disinformation. Roundup might be bad for you, but we still don't actually know, because we have no causative proof.

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#35

I feel like we need to acknowledge that 12 average jury pool members are probably not the best panel of scientific experts to determine whether a chemical is carcinogenic. Much less calculate the damages involved. Like at this point it would be more scientific to run a Facebook poll. Jury trials are a great system for criminal justice but kinda need to admit this is not the same.

So the average citizen is a barely-conscious slobbering fool. While Bayer Monstanto, the multibillion dollar organization that knowingly shipped HIV-contaminated blood products somehow deserves your defense? Alarm bells are ringing.

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#36
post #17
post #3

Waiting for upcoming news about Monsanto spinning off the Roundup division into a new company that suddenly files for bankruptcy.

Monsanto hasn't been a separate company for years: Bayer bought them out for 63 billion in 2018: A coup for the Monsanto CEO, as Bayer's total market cap today is 34 billion, and that includes all the pharma and chemical work too, not just crop science. When they were independent, their legal team had a very successful track record, but I am told the majority of them just retired with the very large windfall they got…

[flagged]

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#37
Watched the movie Michael Clayton this morning which seems to be basically about Monsanto and Roundup. I know about the cases and it's always distressing to me because my dad was a farmer who grew round up ready canola and I grew up drinking water from a well on this farm. My dad is cancer free ATM, but it is unsettling to think about.

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#38

Earlier quoted context omitted.

Why are they down so much?

The Roundup lawsuits are a factor. One of their largest products is an albatross.

It does stretch credibility that this kind of thing wasn't discovered during due diligence of the acquisition.

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#39

Earlier quoted context omitted.

Indeed. 250 million compensation + 2 billion punitive is an immense amount of money. The median wrongful death settlement in California is between $250,000 and $500,000, and the average payout for car accident deaths in the United States is around $1.5 million. I dont really understand the criteria around what counts as liability for a defective product. Cars and guns routinely kill people, but are useful tools. Roun…

It usually has something to do with willfully hiding evidence that the product is inherently unsafe and avoiding safety protocols that would save lives. The canonical case in my mind is the Ford Pinto. They knew the flaws in the design existed but valued the cost to fix them greater than the societal cost of deaths caused by the flaws. You find these in a lot of cases like this, big tobacco, Johnson and Johnson, Purd…

How many years after the merger with Bayer can the merger be rolled back because of hidden evidence and the enormous damages?

Re: Philadelphia Jury Hits Monsanto with $2.25B Roundup Verdict

#40

Earlier quoted context omitted.

I don’t understand why this comment is downvoted. The studies do show a link between non Hodgkin’s lymphoma and roundup. And if you want to dispute the studies, fine. But Monsanto settled for $10B on the round up lawsuits. That should tell you something.

you don't suspect monsanto would pay to have negative comments downvoted in every corner of the internet?

We already know for a fact that the pharmaceutical companies have teams to manipulate social media through bot accounts. I don’t know why Beyer/Monsanto would be any different.
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