Monsanto (MON +2.1%) settles a class action lawsuit filed against it related to activities...

|About: Monsanto Company (MON)|By:, SA News Editor

Monsanto (MON +2.1%) settles a class action lawsuit filed against it related to activities taking place 40 to 60 years ago at a chemical plant in West Virginia. Part of the resolution includes eligible class members having their health monitored and their houses professionally cleaned. The company says the settlement will have no impact on ongoing FY12 EPS, but a one-time expense will reduce as-reported EPS by approximately $0.05.