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A Washington state appeals court overturned a $185 million verdict against Bayer's Monsanto unit, which had been awarded to three former teachers for brain injuries attributed to exposure to PCBs at a Seattle-area school. This legal victory marks the second significant win for Monsanto in recent weeks. The reversal was based on the state's 12-year statute of repose for product liability claims. Following the court decision, Bayer's stock experienced a significant jump.
Bayer’s Monsanto unit persuaded an appeals court in Washington state to throw out a $185 million jury award to three former teachers who blamed exposure to the firm’s toxic chemicals for their brain injuries. https://t.co/8hV306gi4u
Bayer $BAYRY stock jumps as Monsanto secures major court win in PCB case https://t.co/uk2P3lm5ww https://t.co/2yauu0a8Mn
A Washington state appeals court sided with Monsanto, undoing a $185 million jury verdict for three teachers who claimed they were sicked by PCBs and ruling the case could be limited by the state's 12-year statute of repose for product liability claims. https://t.co/AL8nDmoTbR https://t.co/9KTzDS9q8M
