tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Washington court to review Monsanto chemical victory case, WSJ reports

Washington state’s top court has agreed to review a decision by a state appeals court that had handed Bayer’s Monsanto unit a legal victory in May in a case over allegations of chemical contamination at a school, The Wall Street Journal’s Adria Calatayud reports. The ruling had overturned an initial verdict that ordered Monsanto to pay $185M to plaintiffs who alleged they suffered injuries due to exposure to polychlorinated biphenyls. The Washington Supreme Court also accepted review of a cross-petition filed by the company on whether punitive damages should have been awarded, a company spokesman said. Monsanto said trial court errors identified in the May decision of the Court of Appeals are well reasoned and that there is no basis for a different outcome on appeal.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1