May 29, 2026
Corteva Inc. is nearing a settlement in a proposed class action by farmers over a pesticide rebate program, that is also being challenged by federal enforcers, that allegedly paid distributors not to carry cheaper generic rivals.
A mediation report filed in North Carolina federal court Friday indicates that Corteva has reached a settlement with the proposed class to resolve the claims against it. The report said the sides expect to file a motion for preliminary approval of the agreement by June 10, but did not provide any details about the terms of the settlement.
The deal does not impact the farmers’ claims against Syngenta AG over a similar rebate program.
The multidistrict litigation accuses Corteva and Syngenta of using loyalty rebate programs to artificially extend their patent monopolies over certain pesticides by offering payments to distributors that agree to limit their sales of cheaper generic products. The farmers are looking to represent 250,000 buyers of Syngenta’s pesticides and 100,000 buyers of Corteva’s pesticides, who are seeking more than $2 billion in total damages, according to their class certification bids last year.
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The farmers are represented by Quinn Emanuel Urquhart & Sullivan LLP, Lowey Dannenberg PC, Cohen Milstein Sellers & Toll PLLC, Korein Tillery LLC and Pinto Coates Kyre & Bowers PLLC.
Read Corteva Nears Deal with Farmers in Pesticides Antitrust Case.