Monsanto Co. (MON) announced that the U.S. District Court for the Southern District of New York has dismissed a lawsuit brought by The Organic Seed Growers and Trade Association or OSGATA and dozens of other plaintiff growers and organizations against the Company.
OSGATA and plaintiffs in the case alleged that they did not want to grow crops containing Monsanto's biotechnology traits but feared a patent-infringement lawsuit in the event the company's traits happened to enter their fields inadvertently through, for example, cross-pollination.
The company said the court rejected the lawsuit finding that OSGATA and plaintiffs had engaged in a "transparent effort to create a controversy where none exists."
The court also held that there was no "case or controversy" on the matter as Monsanto had not taken any action or even suggested to take any action against any of the plaintiffs, Monsanto said.
by RTT Staff Writer
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