Corn Market Syngenta Lawsuit
If Syngenta has cost your farming business money as a result of unethical marketing of genetically modified (GMO) corn, you may be entitled to compensation.
If you farm corn and have been affected by the rejection of Syngenta’s Agrisure Viptera™ corn or Agrisure Duracade™ in corn or DDGS shipments to China, you may be entitled to compensation. Recent court filings against Syngenta, a global agribusiness company, allege that they made purposely false marketing claims about these corn seeds, both of which contain the genetically modified biotech trait MIR 162. If you are one of the farmers affected, you may have legal rights to hold Syngenta responsible for artificially depressing the market price of this genetically modified corn seed.
Syngenta is currently facing dozens of lawsuits as a result of their actions regarding the sale of Agrisure corn products. After China rejected the corn for import because of its genetically modified GMO components, many people lost money on surplus corn for which they could not find a buyer. Bloomberg reports that the filings state that “Rejection of that corn by China, identified by the growers as the third-biggest American corn importer, caused 2013-14 market prices to crash, leading to lost sales and income in excess of $1 billion.” Another group that may be entitled to compensation includes farmers of non-GMO corn who claim that their corn was contaminated with Syngenta’s MIR 162 varieties.
Currently, there are several states in the US that are considering merging all the lawsuits into a class action lawsuit against Syngenta. Farmers, grain distributors, grain elevators, and corn exporters are claiming a legal right to be compensated for their investment in these seeds and the harm they’ve caused.
Attorneys at Lowe Eklund Wakefield Co. LPA are investigating the legal rights of farmers who have lost crop revenue as a result of Syngenta’s actions. Lowe Eklund Wakefield has a large history of successful cases involving product liability.
Let’s Discuss Your Syngenta Lawsuit Case
Depressed corn prices and DDGS (distiller’s dried grains with solubles) prices are hurting farmers across the country, and Syngenta is being held accountable. If you would like to join a class action lawsuit to demand compensation for any losses your farm business has suffered as a result, please call us at (216)781-2600 to talk to one of our attorneys or fill out the form below to get in touch.