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In Albany, Missouri, a group of lawyers believes that a group of Missouri corn farmers who suffered from financial losses deserves a break. The entity responsible, they say, for those losses, is a giant in the agrochemical industry.
The company is Swiss-based Syngenta. The attorneys believe that the company intentionally placed a variety of genetically modified corn on the market, knowing that it would drive down the prices of corn crops due to cross-contamination of the crops.
The allegations come from the introduction of the corn trait that was genetically modified, known as Agrisure Viptera, which was introduced in 2009.
Attorney Jason Call stated, “They knew it would cross-contaminate the corn.” He further added that the company was well aware that China would not approve the corn. China is the leading importer of corn from the United States.
The trait began appearing in corn exported to China in 2013, and the Chinese government rejected the corn. This resulted in a near-immediate drop in the price per bushel of the crop.
Crop prices fell in 2014 from a high of nearly $7 per bushel to below $3.50 per bushel. However, when the Chinese government approved the trait in December 2014, prices began to rise again.
Call said that other law firms are involved in similar efforts to obtain damages from Syngenta. These efforts include multi-district litigation and class action lawsuits. Some 50,000 individuals from Missouri and other corn belt states are involved in these lawsuits.
If you have been affected by cross-contamination due to the Syngenta trait Agrisure Viptera, you may be entitled to compensation. Contact the law offices of John Foy & Associates. The “Strong Arm” attorneys will help you get the compensation you deserve. Contact us today.
