Billion dollar Roundup verdict reduced

(Reuters) — A California judge has reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s Roundup for their cancer to $86.7 million.

Superior Court Judge Winifred Smith of the California Superior Court in Oakland said the jury’s billion-dollar punitive damage awards were excessive and unconstitutional, but rejected Bayer’s request to strike the punitive award outright.

Under Smith’s final order, California couple Alva and Alberta Pilliod would receive roughly $17 million in compensatory damages and $69 million in punitive damages, down from $55 million and $2 billion, respectively.

Bayer said Smith’s decision to slash the award was a step in the right direction, but added it would file an appeal.

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