Environmental & Energy,
Civil Litigation
Oct. 13, 2022
$550M Monsanto deal with 2,500 cities over PCBs ready for OK
Mark D. Anstoetter and Brent Dwerlkotte of Shook, Hardy & Bacon LLP, lead counsel for Monsanto, notified the court that Monsanto would not oppose the settlement though the company “vigorously denies these allegations.”
A federal judge in Los Angeles will decide Thursday whether to approve a $550 million settlement between Monsanto Co. and a class of more than 2,500 cities throughout the nation that claim the company contaminated their storm-water systems with PCBs.
According to court filings, a deal was first reached in June 2020 after nearly a year of mediation overseen by retired U.S. Magistrate Judge Jay C. Gandhi, now at JAMS. Since then, the settlem...
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