As part of the deal, the company made a commitment to pay up to $2 billion to support the claims and programs covered by the class plan.
The class plan also includes the establishment of a fund to provide compensation for qualified claimants during an initial four-year program. The findings of an advisory science panel will be used as evidence for future Roundup litigations involving class members.
Additionally, it includes a robust notice program as well as research and diagnostic programs, which are part of the original class agreement
Furthermore, Bayer agreed to “provide greater transparency and access to glyphosate studies” It will also seek approval from the Environmental Protection Agency (EPA) to add a reference link on the labels for its glyphosate-based products that will provide consumers access to scientific studies and information.
The class plan is a holistic solution to provide further closures to the Roundup litigations, according to Bayer.
The plaintiffs’ class counsel filed a motion for preliminary approval of the agreement with Judge Vince Chhabria of the U.S. District Court for the Northern District of California.
