The Wall Street Journal: California jury awards couple $2 billion in latest Roundup herbicide defeat for Bayer

A jury dealt Bayer AG a third court defeat, awarding $2.055 billion to a California couple who blamed the German company’s Roundup weedkiller for causing their cancer.

The verdict by the Northern California jury comes as Bayer BAYRY, -2.76% faces a revolt from shareholders over last year’s acquisition of Monsanto Co., which exposed Bayer to some 13,400 claims tying Roundup to cancer.

Two previous trial losses have helped wipe more than 30% off Bayer’s share price. Last month, a majority of Bayer shareholders refused to endorse management’s actions in the past year, indicating that investors lack confidence in how the company is being run.

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