Bangladesh, Aug. 19 -- A Pensacola-based company has been ordered to dissolve and pay more than $300,000 in fines and penalties after pleading guilty to distributing an unregistered pesticide falsely marketed as capable of fighting COVID-19, federal authorities announced August 18.

ServisMed LLC, a distribution company located on South Palafox Street in Pensacola, admitted to engaging in a conspiracy to violate the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), according to John P. Heekin, United States attorney for the Northern District of Florida.

“This company broke the law by exploiting the COVID-19 pandemic to enrich itself through the deceptive distribution of a chemical agent that had not been registered or ap...