A class-action lawsuit against BASF could result in the distribution of a $62.5 million fund among certain farmers who purchased POAST herbicide between 1992 and 1996.
The lawsuit claimed that BASF fraudulently marketed one herbicide as both POAST and POAST Plus, at different prices, in order to get more money for POAST from growers of sugarbeets, sunflowers, potatoes, field beans, fruits and vegetables, and flowers.
The Court still has to approve a distribution plan. The share that a class member could claim depends on how much POAST the member bought and how many valid claims are filed in all.
To obtain money from the fund, class members must have purchased POAST between Jan. 1, 1992, and Dec. 31, 1996, and must file a valid claim form by May 16, 2007. Proof of purchase is required to file a claim. Claim forms and information on acceptable proofs of purchase are available at www.POASTclassaction.com by calling 1-800-678-9587.