A settlement has been reached for $1.51 billion in a class-action lawsuit filed in Kansas over Syngenta’s genetically modified Viptera corn seed. This could be the biggest settlement for any agricultural litigation in the nation.

The settlement is to provide compensation to the corn farmers and businesses nationwide who were hurt economically.

Upon approval of the settlement by the judge, the funds from the $1.51 billion could be distributed to class-action members as early as the beginning of 2019. The parties set to benefit from this settlement include corn growers, grain handling facilities, and ethanol plants.

Class action lawsuits are a helpful way for multiple parties to join together as plaintiffs sue a defendant for injuries that were caused by common actions. Advantages to class action lawsuits include lower costs of attorney fees, an opportunity to litigate when otherwise it may be too expensive, better, more experienced legal representation, and a stronger chance that all the plaintiffs will see some of the compensation.For more information about the Syngenta class-action settlement, or for broader questions about filing claims, send us a message.[formidable id="7" title="1"]