August 10, 2018 was a day that shocked Monsanto executives.
Q3 hedge fund letters, conference, scoops etc
That was when a San Francisco jury found that the company’s glyphosate-based weed-killers, RoundUp and Ranger Pro, caused cancer in a man who was exposed to the pesticide. While evidence exposed in the trial suggested that the company might have already had clues as to this correlation – critics charge they misled the court and manipulated studies -- what was most shocking was the jury’s award of $289 million to one individual, school groundskeeper Dewayne Johnson.
When Monsanto was sold to Bayer, concerns over glyphosate lawsuits led the chemical company to set aside...
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