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Syngenta Class Action Lawsuit Moving Forward

Dan Industry News Release

A class-action lawsuit against Syngenta regarding rejected exports is likely to head to trial next year, as scheduled. Online publication Agri-Pulse reports the 10th Circuit Court of Appeals declined to review a lower court’s certification order, allowing the lawsuit to proceed. Syngenta called the appeals court ruling “one step in a long process.” Multiple classes of farmers within the lawsuit are suing the company because a Syngenta biotech corn trait unapproved for export to China that was found in export cargos allegedly pushed corn prices lower in 2013. Lawyers for the farmers included in the lawsuit estimate the farmers lost between $5 billion and $7 billion in revenue because China stopped importing U.S. corn at the time. The nationwide class involved in the lawsuit is set for trial in June of 2017.

From the National Association of Farm Broadcasting news service.