Syngenta and plaintiffs in a lawsuit against the company have announced a $1.51 billion settlement to resolve class actions and individual cases regarding Agrisure Viptera. The cases allege that Syngenta sold its “Agrisure Viptera” and “Agrisure Duracade” corn seeds before it should have because new insect-resistant genetic traits in those seeds had not yet received import approval in China. The …
Syngenta Ordered to Pay Farmers Over $200 Million
A federal jury has ordered Swiss giant Syngenta to pay $217.7 million to Kansas farmers after a verdict was announced this week at a trial in Kansas City. The class action lawsuit was brought because of the Viptera line of corn seed Syngenta began selling to farmers in 2011. At the time, Syngenta hadn’t received Chinese approval of the trait …