On Monday, three major law firms representing several plaintiffs involved in the Roundup litigation indicated that they reached an agreement with the manufacturer, Bayer.
Bayer AG has made the new deal with California-based Baum Hedlund Aristei & Goldman law firm, the Andrus Wagstaff firm from Colorado, and the Moore Law Group of Kentucky. The notification of the deal indicating a “fully-executed and binding Master Settlement Agreement with Monsanto” is filed with the U.S. District Court for the Northern District of California.
Last month, the firms had raised doubt over the manufacturer's $10 billion settlement agreement announced this year. They outlined their concerns with U.S. District Judge Vince Chhabria, overseeing the Roundup multidistrict litigation docket, stating that the manufacturer was welching on its deal.
In response, Judge Chhabria said that he would not lift the stay on the litigation as he has confidence in Feinberg’s ability to reach a resolution in 30 days, but suggested parties to start to rework on getting the litigation back on track as he won't extend the stay any further. The parties have been asked to be prepared by the next case management conference that is scheduled for September 24.
Last Thursday, Bayer released a statement indicating that progress has been made in the development of a “revised” plan to resolve potential future Roundup litigation. The revised class plan will be finalized over the coming weeks, which will be followed by a motion for preliminary approval of the plan.