Market Overview

GLG Life Tech Corporation Responds to Unfounded Allegations


GLG Life Tech Corporation (Nasdaq: GLGL) provides a response to various unfounded allegations in connection with the Company's global stevia business and AN0C joint venture operations.

The Company has become aware of certain allegations made against it in an article dated October 7, 2011 published on the GeoInvest website in the United States. Generally, the allegations claim that the Company's 2011 financial statements may have been misrepresented and that the Company failed to provide adequate disclosure surrounding its operational activities.

Posted-In: News Rumors


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