CORN INDUSTRY ALERT
BECAUSE THE PRICE OF CORN DROPPED
The corn industry has lost billions due to Syngenta.
Now it’s time to get back the money you lost!
Syngenta, an international conglomerate doing business in 90 countries, sold genetically altered seed into the United States corn supply without obtaining the necessary international approvals for its products. The genetically modified seeds called Agrisure Viptera® MIR162 and Agrisure Duracade™ 5307 were co-mingled into the corn supply and even a trace of these genetic traits is detectable. So, when corn shipments were exported to China (the United States’ third largest export partner for corn), millions of metric tons of United States corn was either rejected or destroyed. Sixty-eight other countries joined China in the rejection of all corn evidencing any trace of MIR162.
This situation resulted in almost a complete export ban for United States corn beginning in November of 2013 and continuing until December 22, 2014, when China’s Ministry of Agriculture finally approved MIR162 corn for export to China. But, even in 2015 China, Canada, European Union and many other major export customers have still not approved Syngenta’s Duracade™ 5307 seed.
The Corn Market Crashes
As a result of the export ban on all United States corn, the price per bushel for United States corn took a precipitous drop from over $7 a bushel in January 2013 to below $3.30 per bushel at the time China approved the MIR162 seed.
Even the rumor of an approval by China and internationally caused the corn prices to surge, thus demonstrating the direct effect that Syngenta’s reckless conduct had on the price per bushel for corn.
FREE CASE EVALUATION
IF YOU LOST MONEY IN THE CORN INDUSTRY DURING 2013 OR 2014, YOU MAY BE ENTITLED TO FINANCIAL COMPENSATION.
Everyone in the Corn Distribution Chain, Including Farmers, Grain Elevator Owners, Land Owners with an Interest in the Crop, and Commodity Investors Were Adversely Affected by Syngenta’s Wrongful Conduct
Whether you used Syngenta seed or not, you have been equally harmed by the drop in price per bushel of corn in the United States market. Even United States soybean prices were adversely affected because of China’s rejection of soybeans with any trace of the MIR162 trait.
Syngenta Acted Recklessly and Intentionally
Syngenta rushed its unapproved “wildcat” seed into the United States corn supply even after it had been repeatedly warned not to do so by industry organizations like National Grain and Feed Association (NGFA) and the North American Export Grain Association (NAEGA). Those organizations went so far as to tell Syngenta that they were “gravely concerned about the serious economic harm that has resulted from syngenta’s approach to stewardship of Viptera.”
Hold Syngenta Accountable for Your Financial Loss
Syngenta should refund the billions of dollars in losses that farmers and others in the corn distribution chain suffered because of their negligent, reckless and intentional conduct. Syntenta should also be called upon to pay punitive damages because of its intentional and willful conduct which caused harm to the United States corn market and everyone involved in the corn production and distribution chain.
Kirk Law Firm Can Help You Recoup Your Financial Loss
Our firm, along with its litigation partners, will help you recoup your losses caused by Syngenta’s conduct. Your case will not be part of a class action, but will be handled individually so that you will receive, to the best of our ability, full compensation for your claim. We will handle each file separately and work with each client to prove the loss that was suffered.
You Pay Nothing, Not Even Expenses, Until Your Financial Recovery Is Received
MEET ATTORNEY DANA KIRK
- Elected to Best Lawyers in America
- Elected to Texas Super Lawyers
- Elected to Best Lawyers in Houston
- Elected to Super Lawyers Business Litigation
- Life Fellow, American Board of Trial Advocates
- AV Preeminent Peer Review Lawyer – Martindale Hubbell
- Multi-Million Dollar Advocates
- Board certified by the Texas Board of Legal Specialization in both Civil Trial Law and Personal Injury Trial Law since 1980
- 1975 Law Clerk to Honorable John R. Brown, Chief Judge for the United States Court of Appeals, Fifth Circuit
- Tried as lead counsel over 100 cases
- Represented plaintiffs in cases involving commercial disputes, contract claims, personal injury, products liability, railroad litigation, toxic tort litigation, banking litigation, pharmaceutical claims, legal malpractice, breach of fiduciary duty, oil and gas litigation, environmental pollution, nuisance, trespass, Uniform Commercial Code claims and many more.