Corporate Company Investor Warnings In Annual Reports 10k Filings Cell Phone Radiation Risks
zondag, 02 juli 2017 - Categorie: Juridische Informatie
Corporate Company Investor Warnings in Annual Reports and Security and Exchange (SEC) mandated annual 10k Filings
“We may incur significant expenses defending such suits or government charges and may be required to pay amounts or otherwise change our operations in ways that could materially adversely affect our operations or financial results.”
Cell phone manufacturers are aware that the radiation from their devices could be risky and warn their shareholders. See below excerpts from statements in their annual reports that indicate they are informing their shareholders that they may incur financial losses related to electromagnetic fields.
2016 Annual Report
“Unfavorable litigation or governmental investigation results could require us to pay significant amounts or lead to onerous operating procedures”
“We are subject to a number of lawsuits both in the United States and in foreign countries, including, at any particular time, claims relating to antitrust; patent infringement; wage and hour; personal injury; customer privacy violations; regulatory proceedings; and selling and collection practices. We also spend substantial resources complying with various government standards, which may entail related investigations and litigation. In the wireless area, we also face current and potential litigation relating to alleged adverse health effects on customers or employees who use such technologies including, for example, wireless devices. We may incur significant expenses defending such suits or government charges and may be required to pay amounts or otherwise change our operations in ways that could materially adversely affect our operations or financial results.”
Verizon Communications Inc.
2016 10-K ANNUAL REPORT
“We are subject to a significant amount of litigation, which could require us to pay significant damages or settlements.
…our wireless business also faces personal injury and consumer class action lawsuits relating to alleged health effects of wireless phones or radio frequency transmitters, and class action lawsuits that challenge marketing practices and disclosures relating to alleged adverse health effects of handheld wireless phones. We may incur significant expenses in defending these lawsuits. In addition, we may be required to pay significant awards or settlements.”
2016 10-K ANNUAL REPORT
If radio frequency emissions from wireless handsets or equipment on our wireless infrastructure are demonstrated to cause negative health effects, potential future claims could adversely affect our operations, costs or revenues.
The potential connection between radio frequency emissions and certain negative health effects, including some forms of cancer, has been the subject of substantial study by the scientific community in recent years. We cannot guarantee that claims relating to radio frequency emissions will not arise in the future or that the results of such studies will not be adverse to us.
Public perception of possible health risks associated with cellular or other wireless connectivity services may slow or diminish the growth of wireless companies, which may in turn slow or diminish our growth. In particular, negative public perception of,
and regulations regarding, these perceived health risks may slow or diminish the market acceptance of wireless services. If a connection between radio frequency emissions and possible negative health effects were established, our operations, costs, or revenues may be materially and adversely affected. We currently do not maintain any significant insurance with respect to these matters.
Zie de link bovenaan voor het vervolg: de waarschuwingen van de vele andere telecom bedrijven.
Alle telecombedrijven en fabrikanten van smartphones e.d. waarschuwen hun aandeelhouders voor de mogelijke financiële gevolgen van het erkennen van de negatieve gezondheidsrisico's van draadloze communicatie.
Lees verder in de categorie Juridische Informatie | Terug naar homepage | Lees de introductie