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The first Syngenta class action lawsuit, one of eight in the country, has been awarded in favor of farmers in Kansas. Feedstuffs.com reported on the victory for corn farmers.
In less than a day, a jury awarded over $217 million to the over 7000 farmers involved in the suit in damages. Syngenta sold farmers corn with a GMO component that wasn’t approved for overseas sale in China, forcing farmers to sell the product at a lower price in other markets or let it rot. At the time of the incident, the Chinese corn market was booming and farmers had an expectation that they would be able to sell in that market.
Arkansas, Missouri, Illinois, Iowa, Nebraska, Ohio and South Dakota all have approved class action cases. Other states, including Georgia, are awaiting certification. The estimated losses nationwide because of the inability to sell corn in China during the ban on Viptera seed is $5 billion dollars.
Syngenta believes that they had complied with all regulatory procedures and that other worldwide markets had approved the trait they developed. They will continue their fight, just as farmers will continue theirs to sell crops wherever the price is most advantageous.
Do you grow corn in Georgia or a surrounding state and got caught by this situation? You need representation. Contact John Foy & Associates today. We can help you fight for the compensation you deserve. Call today.
