Overview
- Judge Timothy Boyer of the St. Louis Circuit Court granted preliminary approval on March 4 to a nationwide deal covering Roundup cancer claims.
- The proposal totals up to $7.25 billion with declining annual payments over as long as 21 years and requires no admission of liability by Bayer.
- Preliminary approval requires a $500 million deposit within 10 days and starts formal notice to potential class members, who may object or opt out by June 4, with a fairness hearing set for July 9.
- The agreement aims to resolve most of the roughly 65,000–67,000 remaining cases, allows Bayer to withdraw if participation is too low, and pauses Missouri suits by class members unless they opt out.
- A Supreme Court case on Monsanto’s liability is scheduled for April and several law firms have moved to challenge the breadth of the proposed class and release terms.