1122 GMT - Bayer is dealing with jitters over its proposed Roundup settlement amid a potential shift of the class action to a federal court, Bank of America analysts say in a research note. The panel of judges who control and have power over multidistrict litigation transferred the class action to the Northern California federal court under Judge Vince Chhabria, who has been negative on the settlement in a recent hearing and rejected Bayer's attempt to settle the Roundup litigation in 2020, the analysts say. There is some debate on the validity of the decision, which the German group plans to oppose, and it is unclear how timelines evolve from here, they add. Investors might debate whether the settlement still holds, according to Bank of America. Shares in Bayer fall 5%. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

June 02, 2026 07:22 ET (11:22 GMT)

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