DuPont Co., the maker of Pioneer genetically modified corn, was sued for $1 billion by an investment fund that claims company directors promoted herbicide-resistant crop traits knowing they didn’t work.
DuPont Co. will pay as much as $80 million for medical monitoring to a class of West Virginia residents who claimed they were exposed to toxic substances from a company smelting facility, plaintiffs’ attorneys said.
Arkema SA, already cheaper than any of its rival industrial chemical producers, may now be a takeover target for Saudi Basic Industries Corp. and DuPont Co. after deciding to spin off its unprofitable vinyls business.
Monsanto Co., the world’s largest seed company, filed a patent-infringement lawsuit against DuPont Co. and its Pioneer Hi-Bred unit over a way to develop new seeds more quickly and with fewer failures.
DuPont Co.’s secrets for cleanly manufacturing the ubiquitous white pigment found in paper and plastics were stolen and sold to a Chinese company by a California engineer, a jury said, handing a conviction to U.S. prosecutors cracking down on economic espionage.
The FBI broke the news to executives at DuPont Co. late last year that hackers had cracked the company’s computer networks for the second time in 12 months, according to a confidential Dec. 9, 2010, e-mail discussing the investigation.