Berlin The planned shareholder lawsuits against Bayer because of the controversial takeover of the US agricultural giant Monsanto are taking on larger dimensions. By the end of the limitation period on December 31, 2021, lawsuits for around 320 plaintiffs had been filed with the Cologne Regional Court, the law firm Tilp, which specializes in investor model proceedings, announced on Monday, thereby confirming a report by “Wirtschaftswoche”.
The claims totaled around 2.2 billion euros. In mid-December, Tilp announced that it would represent more than 250 institutional investors and a large number of private investors. The total volume of these lawsuits was more than one billion euros at the time.
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