If you are viewing this page, you are probably a corn farmer feeling the financial impact of Syngenta’s bioengineered corn. Attorney’s at Marc J. Bern & Partners LLP can explain how recently filed lawsuits allege that Syngenta knowingly marketed two genetically modified strains of corn that caused the price of corn to plummet. And how these actions have hurt your farm and your family. We are currently investigating potential claims and lawsuits against Syngenta for the recovery of losses that corn farmers have suffered. Syngenta’s Viptera corn continue to reverberate in the U.S. Farm Belt. Grain companies and farmers have blamed Syngenta for hundreds of millions of dollars in losses because of rejected shipments and declines in the market price for corn that they say resulted from Syngenta’s business practices.
Syngenta began selling Viptera in the U.S., Argentina and Brazil in 2011, with those governments’ approval, but China didn’t approve the strain until late last year. Syngenta began selling the seeds in 2011 after gaining U.S. approval in 2010. Key trading partners approved the seed variety around the same time except for China, which did not grant approval till December 2014. To find out more about ongoing litigation and where it currently stands call Marc J. Bern & Partners LLP. Upon discovering Viptera in U.S. shipments, China destroyed multiple shipments of corn from the U.S. At least one media outlet reported that several large shipments were destroyed by the Chinese government. Subsequently, in November 2013, China, one of the world’s largest corn importers, began rejecting all U.S. corn. China was not the only country that rejected this GMO corn. 3.3 million metric tons of U.S. corn were rejected globally as of March 2014. These export market disruptions cost U.S. farmers Hundreds of millions of dollars. If you are a farmer and believe you have suffered economic losses because of this you may be entitled to monetary awards, call Marc J. Bern & Partners LLP.
Remember Syngenta’s first generation of MIR162 corn was known as “Agrisure Viptera” (“Viptera”). Agrisure varieties have been genetically engineered to protect corn against damage from insects such as the corn borer and corn rootworm. Syngenta sued Bunge North America in August 2011 for product disparagement when Bunge began refusing to buy or store Viptera corn because it was not approved for import to China. Syngenta CEO Mike Mack stated on an April 18, 2012 Earnings Call, “On the import approval, it has import approval in all of the major markets. There isn’t outstanding approval for China, which we expect to have quite frankly within the matter of a couple of days. That remains on track for approval to the very best of our ability. Of course, the regulatory authorities are not something that we can handicap definitively, but we know of no issue with that whatsoever…” Syngenta proceeded to market Viptera without approval from China. The Chinese government did not approve the MIR162 corn trait until December 2014. So if you are a farmer feeling the economic affects call Marc J. Bern & Partners LLP now. Attorneys are standing by to take your call and you may be entitled to monetary awards.
To review a potential case for yourself, a friend or family member, please request a free consultation and claim evaluation.