Will the Supreme Court shield Monsanto from Roundup failure-to-warn lawsuits?
·PoliticsIf the Supreme Court, in Monsanto Company v. Durnell, rules that FIFRA preempts label-based failure-to-warn claims where EPA has not required the warning, then the market resolves to Yes.
The Payout Criterion for the Contract encompasses the Expiration Values that the Supreme Court of the United States has issued a decision in Monsanto Company v. Durnell holding that the Federal Insecticide, Fungicide, and Rodenticide Act preempts state-law, label-based failure-to-warn claims where EPA has not required the warning, after Issuance and before August 1, 2026. The market resolves to No if the Supreme Court holds that such claims are not preempted. If the case is dismissed, settled, dismissed as improvidently granted, or otherwise disposed of without a merits decision on whether FIFRA preempts such label-based failure-to-warn claims before August 1, 2026, the market also resolves to No.
