Bayer Judge Picks Mediator Ken Feinberg for Roundup Settlement Talks
- Feinberg oversaw funds for victims in Sept. 11, BP, VW cases
- Bayer lawyers want to see how appeals of three verdicts fare
Ken Feinberg
Photographer: Andrew Harrer/Bloomberg
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A U.S. judge overseeing Roundup-cancer lawsuits against Bayer AG provisionally appointed high-profile mediator Ken Feinberg to lead settlement talks over the herbicide litigation, which has tanked the company’s stock since it acquired Monsanto almost a year ago.
U.S. District Judge Vince Chhabria in San Francisco, who’s handling hundreds of lawsuits filed against Bayer in federal court, told lawyers for both sides Wednesday that they must meet with Feinberg in the next two weeks so he can decide whether to lead the mediation process. Feinberg has helped broker and oversee some of the biggest civil settlements in U.S. history.