Navigation Links
Report: Asbestos Litigation Disaster for Investors Could Be Repeated With Nanotechnology Unless SEC and FASB Close Eight Major Loopholes Now Preventing Honest Disclosures
Date:6/16/2009

Investor Environmental Health Network Analysis Finds Disturbing Asbestos-Nanotech Parallels That Could Saddle Investors with a Major New Round of Costly Mega-Litigation

WASHINGTON, June 16 /PRNewswire-USNewswire/ -- Billions of dollars in potential asbestos-like litigation risks for nanotechnology companies and investors are now hidden due to weak regulations governing disclosures of liabilities, according to a major new report from the Investor Environmental Health Network (IEHN). Nanotechnologies are now commonly found in sunscreen, cosmetics, food, clothing, sporting goods and packaging. Yet some of these technologies are showing signs of posing serious hazards to human health and the environment, including the same kind of grave threats resulting from exposure to asbestos, according to the IEHN report.

The good news for investors is that the U.S. Securities and Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB) are now in the process of examining disclosure requirements and could remedy the eight securities and accounting loopholes identified in the report. IEHN is a partnership of investment managers overseeing more than $25 billion in assets.

The report and a related video interview with the author are now available online at http://www.iehn.org.

Report author Sanford Lewis, counsel to IEHN, said: "In the midst of the current crisis of investor confidence, our report flags a major new argument for demanding honest accounting. Investors cannot afford the repetition of another asbestos-like wiping out of billions of dollars of equity when it comes to new technologies like nanotechnologies that are seeking investment dollars now. This report is a call to action for regulators to bolster the integrity of securities disclosure and financial reporting, and to restore credibility to the investing marketplace. Based
'/>"/>

SOURCE Investor Environmental Health Network, Falls Church, VA
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. Statement by Christine K. Cassel, MD, President and CEO of the ABIM Foundation on the Institute of Medicine Report: Conflict of Interest in Medical Research, Education, and Practice
2. Consumers Union Report: Almost 100,000 Surgical Patients Didnt Get the Right Infection Prevention Care During Year Studied
3. Landmark NBC News Nutrition Report: There Is Indeed Little Difference Between High Fructose Corn Syrup and Table Sugar
4. Report: Many Cancers Could Be Prevented in US
5. Landmark Policy Report: Many Cancers Could Be Prevented Across the Globe
6. Landmark Report: Many Cancers Could be Prevented
7. NAS Releasing Forensics Report: Expert Available
8. Texas Employment Report: Employee Confidence Index Drops
9. American Heart Association 2008 Wrap-Up Report: Top Research Advances Include Studies That Influence Medical Care, Apply Science To Real World Communities
10. Report: Nation Not Ready for Pan Flu
11. New Report: Public Insurance Option Needed to Provide Affordable, Quality Health Coverage
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/21/2014)... Colorado (PRWEB) September 21, 2014 High ... ten teams of disabled and able-bodied athletes rafted the ... completed a ropes course in pursuit of outdoor adventure. ... from national non-profit World T.E.A.M. Sports, disabilities proved to ... who successfully completed the three stage event. , Each ...
(Date:9/21/2014)... 2014 “Cluster headaches are sometimes called ... difficult to resolve,” said Steve Young of Ew Publishing; ... a pain that is more intense.” , “It should ... headaches, or migraines, that medical research is pointing to ... he added. , Serotonin (5-HT, 5-hydroxytryptamine) is a ubiquitous ...
(Date:9/21/2014)... Faculty and staff at Garrison Forest School ... Owings Mills, Md., kicked off the academic year by taking ... is the first independent school to receive the bands— which ... sleep patterns— as part of a pilot program with ... specialty chain. The Vivofit bands are just one tool in ...
(Date:9/21/2014)... Top10BestSEOHosting.com, a leading review website, ... GreenGeeks are the most recommended hosting suppliers for ... quality hosting products. , “Don’t waste your ... recommend two great hosting companies to you,” the ... iPage and GreenGeeks are the most recommended suppliers ...
(Date:9/20/2014)... Las Vegas, NV (PRWEB) September 21, 2014 ... created by Dr. Kenneth Pullman that is helping thousands ... reverse their diabetes symptoms without shots, pills, or prescriptions ... investigative review. , “There are currently tens of ... with both Type 1 and Type 2 diabetes, and ...
Breaking Medicine News(10 mins):Health News:Disabled Athletes Excel at World T.E.A.M. Sports’ Adventure Team Challenge 2Health News:Disabled Athletes Excel at World T.E.A.M. Sports’ Adventure Team Challenge 3Health News:Homeostasis: Equinox Serotonin (5HT) Headache Stories ~ New on the Bryan William Brickner Blog 2Health News:Garrison Forest School Leader in Independent School Wellness Programs 2Health News:Leading Review Website Top10BestSEOHosting.com Unveils The Best Hosting Suppliers In September 2Health News:Diabetes Protocol: Review Exposes Kenneth Pullman’s Breakthrough Discovery About Diabetes Management 2
... report that mother to be who are obese and ... of their unborn babies., ,Researchers examined the possible ... // - primary caesarean delivery, pre-term birth and low ... J. Rosenberg of Medical Health and Research Association (MHRA), ...
... reported in the latest issue of American Journal of ... Infection can cause significant changes in the brain structures ... learning new things, problem solving, paying attention to something ... the conditions happen simultaneously., ,Methamphetamine abuse is linked ...
... that can extend the lifespan of mice by as much as ... premature aging around 3 to 4 weeks of age and die ... span of 2 years. This has indeed opened up new avenues ... brain and kidney in some animal species, which then leaks into ...
... edition of The Lancet had found the drug artesunate ... common drug quinine., ,Quinine is the only drug ... Africa, South America, and most of Asia. But even ... mortality from severe malaria remains high. Intravenous artesunate is ...
... Lucknow, Aug 26 . Japanese encephalitis deaths continue to rise ... 220 in less than a month. //, ,Dr.T.N.Dhole from ... Medical Sciences blamed "official apathy" for the unabated spread ... Uttar Pradesh for nearly three decades., ,Encephalitis is a ...
... that all the efforts to curb he disease of sleeping ... reported in this week’s issue of The Lancet., ,The ... Uganda began in 1998 as a result of the movement ... to spread. Interventions to control the disease were put in ...
Cached Medicine News:Health News:Obesity, diabetes in pregnant women affects babies 2Health News:Changes In Brain Structure From Methamphetamine Abuse And HIV Infection 2Health News:Encephalitis Deaths Cross 220 in Uttar Pradesh 2
(Date:9/19/2014)... 19, 2014 Research ... the addition of the "Global Gynecological ... offering.      (Logo: http://photos.prnewswire.com/prnh/20130307/600769) , ... classified into wide categories based on their ... treatment of different gynecological conditions that affect ...
(Date:9/19/2014)... CHICAGO , Sept. 19, 2014  4WEB Medical ... of 3D-printed foot and ankle osteotomy implants on ... and Ankle Society annual meeting in Chicago ... for all of a surgeon,s osteotomy needs with 74 size ... wedge systems had smaller offerings of only 15 to 18 ...
(Date:9/19/2014)... , Sept. 19, 2014 UBM Medica US ... leading online community to help oncologists and other clinicians ... regarding the use of targeted therapies and immunotherapies, discusses ... and treatment.  Every September, Blood ... to raise awareness about blood cancers—helping to increase survival ...
Breaking Medicine Technology:Global Gynecological Devices Market 2014-2018: Key Vendors are Bayer, Boston Scientific, CooperSurgical, Ethicon, Hologic, Medtronic, Olympus and Stryker 2Global Gynecological Devices Market 2014-2018: Key Vendors are Bayer, Boston Scientific, CooperSurgical, Ethicon, Hologic, Medtronic, Olympus and Stryker 34WEB Medical Unveils 3D-Printed Osteotomy Truss System 2OncoTherapy Network Highlights National Blood Cancer Awareness Month 2OncoTherapy Network Highlights National Blood Cancer Awareness Month 3OncoTherapy Network Highlights National Blood Cancer Awareness Month 4
... Journal of Medicine Study Questions Value of Knee ... new study,questioning the usefulness of arthroscopic surgery for ... physical therapy as an,effective non-surgical option, according to ... published in the September 11 issue of,the New ...
... Vanda,Pharmaceuticals Inc. (Nasdaq: VNDA ), a biopharmaceutical ... product candidates,for central nervous system disorders, reported today ... 2008 and discuss the iloperidone non-approvable action,letter that ... Vanda presented arguments to support its belief that ...
Cached Medicine Technology:New Research Shows Physical Therapy as Effective as Arthroscopic Knee Surgery 2New Research Shows Physical Therapy as Effective as Arthroscopic Knee Surgery 3Vanda Pharmaceuticals Provides Update on Iloperidone 2Vanda Pharmaceuticals Provides Update on Iloperidone 3
Double ended with 0.5mm x 10mm and 1.0mm x 15mm blades; both blades gently curved; round serrated handle, In Titanium....
0.6mm Tip x10mm Shaft, Straight Shaft, 90 Degree Hook at Tip; overall length 120mm; in Titianium....
... Catheter is indicated for balloon ... of a coronary artery or ... purpose of improving myocardial perfusion. ... also designed to provide distal ...
16mm from Mid-screw to Tips, blunt tips; overall length 110mm; Stainless Steel...
Medicine Products: