In the ongoing class-action lawsuit against agricultural giant Syngenta, all US farmer’s claims may be settled soon. The lawsuits stem from farmers who said that the company released their seed MIR 162, also known as Agrisure Viptera in 2013, prior to obtaining approval from the Chinese government. When the Chinese government found the corn on barges, they rejected the food, stating it was contaminated. This cost farmers millions of dollars as the prices never recovered because China found new sources of corn. Those farmers filed suit against Syngenta, a suit which may have been decided as Agprofessional reports.
Plaintiff attorneys recently spoke out about how they believe they will reach a final agreement on the settlement in the coming weeks.
Those eligible would be farmers who contracted to price corn or corn by-products after September 13, 2013. The number of eligible U.S. farmers has not been decided and the settlement does not include Canadian farmers.
This settlement comes in the wake of a decision in Kansas awarding farmers $217 million for their class. Following that decision, Syngenta decided that continuing to litigate in other districts was not going to be productive for them.
Those affected could be waiting six months or more for their settlement checks. Farmers included in the settlement will likely have to produce records showing how many affected bushels of corn were produced during the relevant years.
The settlement will include all existing claims. Those who have not received class certification will not be included. Once settlement information is made public, the states included in the settlement will be revealed.
Were you affected by the rejection of Agrisure Viptera? Let the law offices of John Foy & Associates fight to get you the compensation you deserve. Call us today.