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Investor Environmental Health Network, Falls Church, Va
'Toxic Stock Syndrome' Report: Many Companies Are Keeping Shareholders in the Dark on Potential Recalls, Bans, and Other Risks
May 3rd, 2008
Based on a review of SEC filings, including detailed analysis of individual company annual reports for 2006 and 2007, major industrial and other sectors affected by product toxicity risks are doing a poor job of informing shareholders of market risks they face due to toxic chemicals in their products, according to a new study released by the Investor Environmental Health Network (IEHN), a collaboration of investment managers with more than $41 billion in assets. IEHN's report, Toxic Stock Syndrome: How Corporate Financial Reports Fail to Apprise Investors of the Risks of Product Recalls and Toxic Liabilities, was based on searches through thousands of SEC filings, and...
Source: Law & Health Weekly (2008-05-03)
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