regulatory
confidence high
sentiment negative
materiality 0.75
American Vanguard withdraws Dacthal registrations after EPA suspension based on rodent study
AMERICAN VANGUARD CORP
- Voluntary cancellation of Dacthal federal registrations submitted to EPA after emergency suspension order on Aug 6, 2024.
- Company questions EPA conclusions based on single rodent study; will also cancel all international Dacthal registrations.
- OCEO team (Johnson, Donnelly, Khosravi, Bassett) managing CEO duties to receive $125K payments on Sep 30 and Dec 31, 2024.
- Mark Bassett also receives $29,200/month contractor fee for six months from July 1, 2024.