Syngenta Viptera Corn Lawsuit attorneys note a Reuters news article reporting that Syngenta AG may file counterclaims against some of the more than 750 U.S. grain exporters and farmers who have sued the seed company over its sales of a specific type of genetically modified (GMO) corn seed that allegedly disrupted trading with China in 2014. Syngenta, one of the world’s largest crop chemicals company, is currently assessing the scope for potential counterclaims in response to lawsuits filed over the company’s Agrisure Viptera corn, also known as MIR 162, according to documents filed with the U.S. Securities and Exchange Commission.
If you believe that Syngenta caused you a loss of profit and would like more information about filing a Syngenta Viptera Corn Lawsuits, contact Attorney Group for more information about your options. We offer free, no-obligation consultations and can connect you with an affiliated attorney who can assist you in pursuing a claim.
Syngenta Mulls Counterclaims
In 2014, global grain handlers Archer Daniels Midland, Co. and Cargill, Inc., along with hundreds of farmers, initiated claims against Syngenta for damages caused by China’s rejections of U.S. crop shipments containing Viptera corn. At the time, the GMO corn was approved for planting in the U.S. but not for import from China, the country’s largest corn buyer.
According to court documents, more than 762 lawsuits have been filed against Syngenta in federal and state courts as of January 28, 2015. Many Viptera Corn Lawsuit Attorneys consider the company’s consideration of counterclaims “puffery,” and note that the filing of counterclaims is a tactic sometimes used by at-fault parties to distract attention from their own wrongdoing.
Exporters and farmers allege Syngenta mislead U.S. farmers about the timeline for import approval by China, and sold the crop to farmers in the U.S. before it had received word from China that genetically modified corn would be accepted. As a result of the seed maker’s actions, plaintiffs claim that the crops were turned away. The U.S. National Grain and Feed Association estimated in April 2014 that the rejection of Viptera corn shipments cost the U.S. agriculture industry over $1 billion.
Have Questions About Syngenta Viptera Corn Lawsuits?
If you think you may have a case against Syngenta, contact Attorney Group. We are currently offering free, no-obligation case evaluations for persons interested in pursuing a Syngenta Viptera Corn Lawsuit. We can answer your questions, and if you have a case, we can connect you with an affiliated attorney who can assist you throughout the legal process.