Attention Corn Farmers: As you farmers know, the corn market collapsed last year. If you planted corn in 2012, 2013, or 2014, you have a potential claim against seed company – Syngenta for your financial losses.
Our trial team has uncovered evidence that the corn market collapse has been caused in part by Syngenta’s release of Viptera (MIR162) corn into the U.S. corn and corn seed supply. In November 2013, the Chinese government began turning around barges of any U.S. Corn in which even one sample of MIR162 corn was found. This destroyed the export of U.S. corn to China and caused depressed prices for all domestic corn.
Syngenta was aware of this issue and the lack of approval when it began marketing the corn. Syngenta’s materially misleading statements relating to the approval status of MIR162 in China failed to set out the impact the lack of Chinese approval would have on the market. Most troublingly, Syngenta’s widespread contamination of the U.S. corn and corn seed supply with MIR162, may continue to foreclose the U.S. export market to China in future years and will continue to lead to lower corn prices per bushel in the U.S. market, as a result.
Since most U.S. corn is intermingled during drying, storage and transport this affects all farmers who farm and harvest corn. Therefore, even Farmers who did not plant Syngenta’s Agrisure Duracade™ or Viptera™ MIR 162 corn but who suffered financial losses due to lowered market prices caused by the rejection of MIR 162 corn shipments by China may hold Syngenta accountable for their financial losses.
We are accepting cases now on a contingency fee basis, meaning you pay nothing up front and we recover only after you recover. For a free consultation with our team, please contact Rob Kwok at 713.773.3380, 888.466.5965 toll free or email rkwok@kwoklaw.com