Bayer Pharmaceuticals Taken Behind The Woodshed To The Tune Of $2Billion In Punitive Damages

Posted on May 14, 2019 7:21 pm
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URL https://www.activistpost.com/2019/05/bayer-pharmaceuticals-taken-behind-the-woodshed-to-the-tune-of-2billion-in-punitive-damages.html 

By Catherine J. Frompovich

May 13, 2019 was not a very lucky day for Bayer Pharmaceuticals, the company that purchased Monsanto while also inheriting a backlog of lawsuits. The latest adjudications handed down by the court granting U.S.$1 BILLION in punitive damages to Alberta Pilliod and Alva Pilliod, each respectively, may include several unanticipated “collateral damage” consequences, the first of which could be Bayer’s demise.  Hint: Think corporate karma.

Possibly, you may be wondering if Bayer is too big to fall; well think again.  Stockholders inadvertently have ways of rearranging corporate structures.  Can they afford the lawsuits?  There’s close to

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