Information on the Syngenta GMO Corn Lawsuit in Texas
There is a potential legal claim for any landowner or farmer who has an interest in crop land that was planted in corn in 2012, 2013, or 2014. You may have heard of the Syngenta Corn Lawsuit. For more information and to discuss how you might have been affected by Syngenta GMO corn, please call our office at 979-532-3871.
As most farmers know, the corn market collapsed last year. There is some evidence that this collapse was caused in part by a seed company, Syngenta’s release of Viptera (MIR162) corn into the U.S. corn and corn seed supply. In November, 2013, the Chinese government began turning around barges of any U.S. Corn in which even one sample of MIR162 corn was found. Since most U.S. corn is intermingled during drying, storage and transport this affects every one with an interest in a corn crop. This destroyed the export of U.S. corn to China and caused depressed prices for all domestic corn.
Syngenta was aware of this issue and the lack of approval when it began marketing the corn. Syngenta’s materially misleading statements relating to the approval status of MIR162 in China failed to set out the impact the lack of Chinese approval would have on the market. Most troublingly, Syngenta’s widespread contamination of the U.S. corn and corn seed supply with MIR162, may continue to foreclose the U.S. export market to China in future years and will continue to lead to lower corn prices per bushel in the U.S. market, as a result.
To find out more information about the Syngenta Corn Lawsuit or GMO Corn Lawsuit in Texas, please contact our office today. Our local phone number is 979-532-3871 or call Toll Free at 800-929-1725.