In 2008, Brady Preston Gronlund filed a class action lawsuit on behalf of farmers located in Iowa and several other surrounding states who had purchased a claimed soybean nutrient. We alleged that the product was marketed as providing a tested, proven and significant yield increase, but that in fact it failed to provide any material yield increase. The Defendants agreed to settle the case that had been filed seeking class action status for a cash payment of $2 million. Even after attorneys' fees and expenses, the settlement class members received more than their full purchase price in the settlement.
Results: $2 million