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