Insights: Article

Syngenta Class Action Lawsuit: What You Need to Know

June 07, 2018

Recently, a federal court approved a $1.5 billion settlement pool for the class action suit against Syngenta over their genetically modified Agrisure Viptera corn seed. The settlement is based on the negative market price reaction due to China’s 2013 rejection of imported U.S. corn that was contaminated with the Agrisure Viptera trait.

The settlement potentially includes U.S. corn producers, grain facilities, and ethanol plants that sold, or used, the Syngenta corn seed after September 15, 2013, through the 2018 grain marketing year. Information notices on the settlement have been mailed to many corn producers and have been published by other media outlets.

To be included in the settlement, producers are required to submit a claim form. A website has been created that contains detailed information and also has links for producers to electronically submit a claim form or elect out of the class action.

Latest Insights

June 7, 2018
Recently, a federal court approved a settlement pool worth more than $1 billion for the class action suit against Syngenta over their genetically modified Agrisure Viptera corn seed.
May 21, 2018
It is in the best interest of business owners to understand how they might leverage technology to grow.
April 20, 2018
Tax reform has taken center stage over the last few months as taxpayers absorb the tax law changes made in the Tax Cuts and Jobs Act (the Act).
April 12, 2018
The long expected corporate tax rate reduction was enacted into law as part of the 2017 Tax Cuts and Jobs Act, taking the rate paid by C corporations down to 21 percent.
March 30, 2018
Learn more about the Section 199A deduction, how it works and who it impacts in this insight.
March 26, 2018
The IRS has announced it will end the Offshore Voluntary Disclosure Program (OVDP) on Sept.
March 22, 2018
Without proper due diligence, business owners can find themselves in sticky situations.
February 28, 2018
Given the trend toward an aging population and longer life expectancies, it’s likely that an increasingly larger number of us will need some sort of help or assistance in the future due to health concerns such as chronic illness, disability or…
February 26, 2018
The US stock market has delivered an average annual return of around 10% since 1926 But short-term results may vary, and in any given period stock returns can be positive, negative, or flat.
Find A Location