Syngenta’s Agrisure Viptera, A Genetically Modified Seed. Our firm is investigating class action lawsuits on behalf of farmers affected by Syngenta’s sale of Agrisure Viptera, a genetically modified seed containing a protein that kills corn-eating bugs.
The genetically modified corn seed was approved for sale in the United States, but not in China, one of the country’s most important trading partners. When China discovered the viptera corn trait in several U.S. shipments, it boycotted U.S imports; this caused the corn industry to lose substantial revenue. Even farmers who did not plant the seed were reportedly affected because the boycott included all U.S. corn and corn byproducts. Farmers around the country allege that by exporting the unapproved seed to China, the company risked their livelihood.
If you or someone you know was affected by China’s boycott on Syngenta’s Agrisure Viptera seed, contact Parker Waichman LLP today.
China Boycotts Unapproved Agrisure Viptera Corn Seed, Farmers Lose Revenue
According to The Des Moines Register, U.S. corn exports to China were boycotted in February 2014. The genetically engineered seed was approved by the U.S. Department of Agriculture in 2010 and sold to farmers starting in 2011. This engineered corn was found in several U.S. corn exports to China in November 2013; the genetically engineered corn had not been tested or approved in China at this time.
Switzerland-based Syngenta is the largest crop chemicals company in the world. The company operates in over 90 countries and generates over $15 billion a year.
Reportedly, over 131 million bushels of corn were rejected. The National Grain and Feed Association estimates that the U.S. corn industry lost between $1 billion and $3 billion due to the ban. Because the boycott affected all corn products, farmers who did not plant the Agrisure Viptera corn were affected. Farmers say that Syngenta risked their livelihood by selling the genetically modified seed to a country where it was not approved. Even though China ultimately approved the MIR 162 seed in December 2014, this does not change the fact that farmers lost money.
Parker Waichman LLP is closely following the situation and investigating a potential class action lawsuit against Syngenta. Our firm has decades of experience representing clients who have suffered damages as a result of an outside party’s allegedly wrong and unlawful behavior. If you or someone you know is looking to file an Agrisure Viptera lawsuit, contact our firm today.
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