Bayer to Pay $160 Million to Settle Lawsuit
USAgNet - 07/30/2024
Seattle said Monsanto will pay the city $160 million to settle a lawsuit over PCB pollution in the Lower Duwamish River.
According to Dow Jones, the settlement releases the unit of Bayer from the city's claims against it for its alleged role in polluting city stormwater and the Lower Duwamish with chemical compounds.
The city sued the company in 2016 and the agreement heads off a trial that was scheduled for September, the city said in a statement on its website. Polychlorinated biphenyls, or PCBs, were widely used in the industry until they were banned in the U.S. in
1979. They have been linked to a variety of health problems, including cancer.
The settlement contains no admission of liability or wrongdoing by the company, Bayer said in a statement. It added that it never made PCBs in the Seattle area and ended its production of the chemicals nearly 50 years ago. Bayer said $35 million of the total will
go toward PCB remediation, with the remaining $125 million to reimburse the city for cleanup, legal and other costs.
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