Source: https://www.bnnbloomberg.ca/, August 31, 2020
By: Edvard Pettersson

Seattle scoffed at the $650 million Bayer AG agreed to pay to settle class-action claims by about 2,500 cities, counties and ports over pollution from polychlorinated biphenyl, or PCB, saying it plans to opt out of the deal.

According to a filing by Seattle last week in federal court in Los Angeles objecting to the proposal, the $550 million that would be available to the class of 2,500 government entities doesn’t even cover the projected $600 million it will cost the city to “abate the nuisance” from PCBs manufactured decades ago by Monsanto Co., which Bayer acquired in 2018. Read more.