Monsanto Agrees to $100 Million Settlement in Landmark PCB Contamination Case
St. Louis, Missouri – In a landmark decision, Monsanto, the agriculture giant now owned by Bayer AG, has been ordered to pay $100 million as part of a settlement involving its production of polychlorinated biphenyls (PCBs). The agreement resolves allegations that the company’s PCBs caused significant environmental harm and health issues, including cancer. The settlement was reached after a series of lawsuits claimed Monsanto was aware of the toxic effects of PCBs, which they produced from the 1930s until the 1970s when Congress banned them. Despite warnings from scientists, it is alleged that the company … Read more