Average Roundup settlement per person:
Roundup
is a widely used herbicide that has been the subject of controversy due to its
active ingredient, glyphosate, being potentially linked to cancer. As a result,
there have been numerous lawsuits filed against Monsanto, the company that
produces Roundup, alleging that it caused cancer in those who used it.
In 2018,
a jury awarded $289 million to a former groundskeeper who claimed that his
regular use of Roundup caused his non-Hodgkin's lymphoma. The verdict was later
reduced to $78 million, but it set the stage for many more lawsuits to follow.
As of
2021, there have been thousands of lawsuits filed against Monsanto, and the
company has settled many of them. The settlement amounts have varied widely,
but they typically range from tens of thousands to millions of dollars.
Determining
the average Roundup settlement per person is difficult, as the settlement
amounts are confidential and not publicly disclosed. However, based on the
available data, we can make some estimates.
One of
the largest Roundup settlements to date was a $10.9 billion agreement reached
in June 2020 to resolve approximately 95,000 lawsuits. Under the terms of the
settlement, Monsanto agreed to pay between $5,000 and $250,000 per person,
depending on the strength of their case and the severity of their injury.
Assuming
an equal distribution of the settlement funds among all 95,000 claimants, the
average Roundup settlement would be approximately $115,000 per person. However,
it's important to note that the actual amount received by each claimant will
vary depending on the factors outlined in the settlement agreement.
It's
worth noting that the Roundup settlement amounts are expected to increase over
time as more lawsuits are filed and settled. In addition to the settlement
mentioned above, Monsanto has also agreed to pay out billions of dollars in
separate settlements to resolve Roundup-related lawsuits.
In
conclusion, the average Roundup settlement per person is difficult to
determine, as the settlement amounts are confidential. However, based on the
available data, we can estimate that the average settlement is likely in the
range of tens of thousands to hundreds of thousands of dollars, depending on
the strength of the claimant's case and the severity of their injury. As more
lawsuits are filed and settled, we can expect the average settlement amount to
continue to evolve.
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