Consumer Group Asks Federal Regulators to Correct Company’s Misleading Filings
Washington, D.C. — In response to misleading information found in AquaBounty Technologies’ newest regulatory filings with the U.S. Securities and Exchange (SEC), including that the company’s GMO salmon product will not require a label, Food & Water Watch called on the SEC today to make corrections to protect investors. Food & Water Watch also called on the Food and Drug Administration (FDA) to take action, as this represents the second time this year that AquaBounty has misleadingly asserted that GMO salmon will not require a label, if and when FDA gives regulatory approval. In reality, FDA has not made a labeling decision.
“AquaBounty’s pattern of willful distortion shows how desperate the company is to promote it’s totally unnecessary product, which consumers have said they won’t eat, grocery stores have said they won’t sell, the salmon industry has said they won’t grow, and scientists have said is too risky,” said Wenonah Hauter, Executive Director of Food & Water Watch. Read Full Article »