Bayer's Monsanto Ordered to Pay $857 Million Over Chemicals in Washington State School, Bloomberg Reports

-- A jury in Washington state ordered Bayer's Monsanto to pay $857 million to former students and parent volunteers of a school who claimed that exposure to some chemicals developed by the company made them sick, Bloomberg reports, citing court documents.

-- The jury on Monday found that levels of polychlorinated biphenyls, or PCBs, weren't "reasonably safe" and awarded $73 million in compensatory damages and $784 million in punitive damages to two parents who volunteered at Sky Valley Education Center along with five former students, according to Bloomberg.

-- "We disagree with the verdict and will pursue post-trial motions and appeals to get this verdict overturned and to reduce the constitutionally excessive damages awarded," Monsanto said in a statement.

Full story: https://shorturl.at/vFPQ1

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

December 19, 2023 04:57 ET (09:57 GMT)

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