Federal judge rejects Monsanto's proposed $2 billion Roundup settlement

Monsanto Co.’s $2 billion proposal to fend off suits by cancer victims who sprayed the company’s Roundup herbicide on their crops was rejected Wednesday by a federal judge in San Francisco, who said the proposed settlement offered little to Roundup users who may be diagnosed with cancer in the future.

More than 100,000 people nationwide who suffer from non-Hodgkin’s lymphoma and other cancers have already sued Monsanto and its parent company, Bayer AG. The companies cite repeated findings by the Environmental Protection Agency that Roundup, the world’s most widely used weed-killer, is safe and can be legally sold without warning labels.

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