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No business owner ever wants to get lawyers
involved, but sometimes, it’s necessary. Often, legal aid comes into play when
it’s a matter of protecting the rights of consumers. And, when a company
negligently advertises a product as safe and it turns out to be linked to
cancer, it is imperative that victims fight for compensation.
Sound familiar? If you’ve been keeping up with the latest class action suits, you’ll know that the company in the headlines is Monsanto. Monsanto is the largest agricultural and genetically modified organism company, and they have recently come out of a lawsuit with a verdict of more than $2 billion in damages. Over 13,000 lawsuits have been filed against Monsanto due to the carcinogenic ingredients in their weed killer brand Roundup, which has led to non-Hodgkin’s lymphoma.
If you’re concerned about protecting your
business from lawsuits that could potentially tank your company, take a lesson
from Monsanto. Here’s everything they did wrong and everything you should
avoid:
Monsanto’s
Neglect
During the peak of the 1970s, Monsanto was
a booming company that was an inspiration for businesses everywhere. Their
claim to fame was helping crops grow anywhere, even in places affected by
droughts.
When they developed these growing techniques,
they noticed that weeds grew with the produce. Thus, herbicides were born.
Monsanto developed and secured a patent for
glyphosate, the main ingredient in Roundup. This ingredient targets certain
strains of plants that are considered invasive and kills them, without harming
the produce-bearing plants.
Even though their chemical worked,
Glyphosate went under investigation for many years due to major health risks.
Monsanto willingly ignored these warnings and continued to market… Read More
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