Bayer Proposes $7.25B Settlement to Resolve Roundup Cancer Lawsuits

Bayer AG has proposed a $7.25B settlement to resolve thousands of USA lawsuits alleging that its Roundup weedkiller caused non-Hodgkin lymphoma in consumers.The agreement filed in a Missouri court would see the company make payments over 21 years without admitting liability while increasing its total litigation reserves to $13.9B.Bill Anderson seeks to stabilize the company's financial future as the US Supreme Court prepares to review whether federal EPA approval shields the firm from state-level legal claims.