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Atrazine Litigation Settled
PR NewswireBASEL, Switzerland and ST. LOUIS, May 25, 2012 /PRNewswire/ --Syngenta and attorneys for several community water systems have agreed to settle litigation related to the herbicide atrazine in order to end the business uncertainty and expense of protracted legal proceedings.
Syngenta expressly denies any liability and Plaintiffs have acknowledged that they are not aware of any new scientific studies relating to atrazine not already in the public domain.
The proposed settlement agreement which requires court approval was filed with the United States District Court for the Southern District of Illinois on May 24, 2012. Water systems joining the class will be eligible for payments from a $105 million settlement funded by Syngenta. Details of the agreement can be found at www.atrazinesettlement.com.
Cautionary Statement Regarding Forward-Looking Statements
This document contains forward-looking statements, which can be identified by terminology such as 'expect', 'would', 'will', 'potential', 'plans', 'prospects', 'estimated', 'aiming', 'on track' and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. We refer you to Syngenta's publicly available filings with the U.S. Securities and Exchange Commission for information about these and other risks and uncertainties. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors. This document does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer, to purchase or subscribe for any ordinary shares in Syngenta AG, or Syngenta ADSs, nor shall it form the basis of, or be relied on in connection with, any contract therefor.
Syngenta International AG
Syngenta Media contact:
Syngenta Analyst/Investor contact:
Media Office
Ann Bryan+1 336 632 2486
Jennifer Gough
CH-4002 Basel
Paul Minehart+1 202 737 8913
Switzerland+41 61 323 5059
Switzerland
USA
USA+1 202 737 6521
Telephone:+41 61 323 2323
Fax:+41 61 323 2424
Daniel Braxton
Switzerland+41 61 323 2323
www.syngenta.com
media.relations@syngenta.com
Korein Tillery
Korein Tillery Media contact:
Attorneys at Law
One US Bank Plaza
Charles Bosworth
505 North 7th Street, Suite 3600
USA+1 314 241 4844
St. Louis, Missouri 63101
United States
cbosworth@koreintillery.com
www.koreintillery.com
SOURCE Syngenta
