Judge Nixes Securities Fraud Case Against Bayer Related To Roundup Litigation

Mealey's (May 19, 2022, 2:19 PM EDT) -- SAN FRANCISCO — A federal judge in California on May 18 dismissed a securities fraud lawsuit against Bayer AG, the parent company of Monsanto Co., related to statements it made about Monsanto’s science-based trial defenses in Roundup litigation, saying the shareholders failed to plead the elements necessary for a violation of Securities and Exchange Rule 10b-5 ....