Richard Schwartz and Associates in Mississippi is here to remind farmers who plant rice in the following counties; Bolivar, Humphreys, Quitman, Sunflower, Tunica, Coahoma, Leflore, Sharkey, Tallahatchie, and Washington - that the end of September deadline is closing in for filing a claim in the Bayer AG lawsuit settlement.

If you planted rice between the years 2006 and 2010, you are eligible for a potential financial settlement. There is over 200 million dollars still waiting to be claimed, at the end of September all unclaimed moneys will be returned to Bayer AG.

In 2006, Bayer AG out of Germany released to the public that a scientific and potentially harmful rice strain had gotten into the United States rice supply. This caused several countries around the world to immediately stop buying US rice products completely, and other countries put a very strict testing limit on the rice that was exported from the US for several years.

As the losses increased, several lawsuits were filed against Bayer on behalf of the farmers who lost their livelihoods. Bayer fought them for several years, producing evidence and claiming that the rice released was not toxic to humans. The cases were all taken to court and put In front of jurors. Still, Bayer continued to fight against the suits.

Only now has Bayer finally settled the lawsuits. Bayer spokesperson stated this in a public release after the news came out, “Although Bayer CropScience believes it acted responsibly in the handling of its biotech rice, the company considers it important to resolve the litigation so that it can move forward focused on its fundamental mission of providing innovative solutions to modern agriculture.”

The lawsuit settled on July 1, 2011 with a cap amount of 750 million dollars. From July 1, rice farmers in the states of Mississippi, Louisiana, Arkansas, Missouri, and Texas will available to make a claim for their losses. It is especially important for farmers who live near the cities of Greenwood, Greenville, and Cleveland Mississippi to contact Richard Schwartz and Associates.

A 90 day period has been named. This means after 90 days from July 1st, farmers who have not filed for their claim will not be able to collect, and the remaining funds will return to Bayer AG. If you were a Mississippi rice farmer who lost out during the years 2006 to 2010, please call Richard Schwartz & Associates today. We would like to discuss your options with you, and help you make a claim in this extremely tight window of time..