$1.51 Billion Syngenta Settlement Approved by Judge

December 11, 2018 10:38 AM
 
U.S. District Court Judge John W. Lungstrum recently approved Syngenta’s $1.51 billion settlement regarding MIR162—Agrisure Viptera. This settlement ends years of litigation between farmers and the company.

U.S. District Court Judge John W. Lungstrum recently approved Syngenta’s $1.51 billion settlement regarding MIR162—Agrisure Viptera. This settlement ends years of litigation between farmers and the company.

“We are delighted that the settlement has been approved,” plaintiff co-leads said in an issued statement. “Under the settlement agreement, it is possible that payments could begin as early as the second quarter 2019, but appeals could delay those payments.”

Funds will be distributed to hundreds of thousands of farmers, ethanol plants and other eligible recipients who sold corn priced after Sept. 15, 2013. The deadline to file for the claim was earlier this year. Those who filed could soon see a check hit their mailbox.

Syngenta representatives provided the following statement to AgWeb”

“Syngenta is pleased that the Court presiding over litigation by U.S. corn farmers, grain handling facilities, and ethanol plants concerning the launch of Agrisure Viptera and Agrisure Duracade has granted final approval to the settlement. Agrisure Viptera and Agrisure Duracade demonstrate significant, scientifically validated benefits for growers in combatting a wide spectrum of pests. Syngenta launched these products to help ensure that American farmers could access the latest seed technology approved in the U.S. and to help farmers increase their productivity and crop yield. With this litigation resolved, Syngenta will continue its focus on agricultural innovation, and continues to believe that American farmers should have access to the latest U.S.-approved technologies to help them increase their productivity and crop yield.


For background, the case examined the claim by some corn farmers that said they suffered losses after China rejected U.S. corn exports in 2013 due to the presence of Viptera prior to Chinese approval. Plaintiffs say the rejection interrupted trade and lowered commodity prices, costing farmers as much as $3 billion. Syngenta says it didn't need approval from China before releasing Viptera since the company had U.S. approval.

Back to news


Comments

 
Spell Check

Globalhacks
Texas, TX
12/26/2018 12:26 AM
 

  ARE YOU SEARCHING FOR LEGIT HACKERS? welcome to the globalhacks where skilled professional hackers who are driven by passion to make the internet a safer place and rendering proficient help to those having cyber problems. We have acquired best legit cybersecurity professionals who individually has acquired enormous exposure in the world of HACKING, trained & skilled in ?Social media hacks (facebook, twitter, instagram,snapchat) ?Email hacks ?verified PayPal account hacks ?database hack ?credit card top up ?university score upgrade ?money transfer ?binary option funds recovery. Etc. ?warning Be wary of those forgeries you see or meet on here ready to rip you of your funds. claiming to hack in few minutes stay clear of these people .The truth be told, Not everyone found here are legit hackers. Only very few ones. To identify a fake hacker, they have no solid reviews, no website, and ready to take your money without starting the job required of them. For more enquiries and help, contact: globalhacktech@gmail.com. BinaryOption.recovery@cyberservices.com. HackerOne©?LLC 2018.

 
 
Rosa Butler
CAMDEN, AL
12/11/2018 08:29 PM
 

  Good work

 
 
Arthur Collins
Discreet , NH
1/7/2019 03:08 AM
 

  CLASSIC CYBER NOTCH How well are you prepared for a Cyber incident or Breach?, Is your Data safe? Strengthen your Cybersecurity stance by contacting CLASSIC CYBER NOTCH @ GMAIL DOT COM for a Perfect, Unique, Classic and Professional Job in Securing your Network against all sort of breaches and from scammers as well. For we are Specially equipped with the Best hands to getting your Cyber Hack needs met as your jobs will be handled with utmost professionalism. We do All type of cyber Jobs such as: ? TRACKING of GPS location, cars, Computers, Phones (Apple, windows and Android), e.t.c. We also Track E-MAIL account,(G-mail, Yahoo mail, AOL, Proton mail, etc.) SOCIAL MEDIA account, (Facebook, Twitter, Skype, Whatsapp, e.t.c.) ? RECOVERY of Passwords for E-mail address, Phones, Computers, Social media Accounts, Documents e.t.c ? INSTALLATION of Spy ware so as to spy into someone else's computer, phone or E-mail address and also Installation of Spy ware software on your individual O.S to know if your Gadget is being hacked into.. We also Create and Install VIRUS into any desired computer gadget. ? CRACKING Websites, any desired gadget it computers or phones, CCTV Survelance camera, Data base (of both Private and Govt organization, such as Schools, Hospitals, Court houses, The FBI, NSA) e.t.c.... NOTE: Other Jobs we do are: ? We provide Private Investigator service ? Clearing Criminal records of diverse type ? Binary Options fraud Recovery ? Bitcoin Mining ? Issuing of Blank ATM cards ? And many more... etc. We assure you that your Job will be attended to with care and efficiency as it will be handled by the Best professional hands in Cyber literacy. We also have a forum where you can get yourself equipped with Advanced hacking Knowledge.. CLASSIC CYBER NOTCH gives you the Best service in the Hacking world. Be sure to ?? ?? us @ Classic cyber notch at gmai

 
 

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close