Agrochemical giant Monsanto has settled class action lawsuits with farmers in seven states over genetically modified wheat incident in 2013. Without any admission of liability the company will pay some $350,000 in donations to agricultural schools.
The agricultural biotechnology corporation announced donations of $50,000 to agricultural schools in Kansas, Missouri, Illinois, Oklahoma, Texas, Louisiana and Mississippi. The St. Louis based company also promised to reimburse a portion of the costs associated with the case. Monsanto saidit can’t disclose how much that will cost.