Arkansas Court Affirms $50M Verdict for Rice Farmers
Before Thursday’s ruling, Bayer had appealed a verdict last year out of Lonoke County that awarded farmers $5.9 million in actual damages and $42 million in punitive damages. The company said Arkansas lawmakers set a limit on punitive damages and that no award should “shock the conscience.”
Farmers claimed rice prices fell after federal regulators announced in 2006 that an experimental strain of rice was found in the U.S. long-grain rice supply. The rice had not been approved for human consumption.
Bayer argued that any damages were minimal.
- Coming Soon to Florida: New State-Fed Program to Elevate Homes in Flood Zones
- Uber Warns NYC Response to Insolvent Insurer Exposes Drivers
- Report: Millions of Properties May be Underinsured Due to Multiple Undetected Structures
- Sedgwick Eyes Trends and Risks in 2025 Forecast