U.S. judge appoints Ken Feinberg mediator in mandated Bayer Roundup settlement talks
Reuters
Published May 22, 2019 19:16
U.S. judge appoints Ken Feinberg mediator in mandated Bayer Roundup settlement talks
By Tina Bellon
(Reuters) - A U.S. judge has appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the federal litigation over allegations that Bayer (DE:BAYGN) AG's glyphosate-based Roundup weed killer caused cancer.
Feinberg has been instructed to meet with lawyers for Bayer and plaintiffs within the next 14 days, U.S. District Judge Vince Chhabria in San Francisco said during a court hearing on Wednesday.
Chhabria, who oversees some 900 federal Roundup lawsuits, on April 11 ordered the parties to start confidential mediation. He appointed Feinberg on Wednesday after the parties failed to agree on a mediator.
Feinberg is well known for having facilitated dispute resolutions in high-stakes litigations in the past. He led mediation talks over the September 11th Victim Compensation Fund, the BP (LON:BP) Deepwater Horizon disaster, Volkswagen's diesel emissions scandal and General Motors (NYSE:GM) ignition switch litigation.
More than 13,400 plaintiffs nationwide allege Roundup causes non-Hodgkin's lymphoma and that the company failed to warn about that risk. The majority of lawsuits are pending in state courts across the country.
Bayer, which acquired Roundup maker Monsanto (NYSE:MON) in a $63 billion deal last year, denies the allegations, saying studies and regulators have deemed glyphosate and Roundup safe for human use.
The company in the past said it would comply with Chhabria's mediation order in good faith, while believing strongly in the "extensive body of reliable science supporting the safety of Roundup."
Bayer has also said it would defend itself in all cases and await the appeals process currently underway in the three cases that have gone to trial.
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