From time to time, we are defendants in ordinary, routine litigation or proceedings incidental to our business, including allegations regarding:
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| • | employment-related matters; |
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| • | infringement of intellectual property rights; |
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| • | personal injury/wrongful death claims; |
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| • | product safety matters, which may include product recalls in cooperation with the Consumer Products Safety Commission or other jurisdictions; |
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| • | real estate matters related to store leases; and |
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| • | environmental and safety issues. |
In addition, we are currently defendants in national and state employment-related class and collective actions and litigation concerning injury from products. These proceedings are described in "Note 5 - Commitments and Contingencies" under the caption "Contingencies" in "Item 8. Financial Statements and Supplementary Data" beginning on page 43 of this Form 10-K.
We will vigorously defend ourselves in these matters. We do not believe that any of these matters will, individually or in the aggregate, have a material effect on our business or financial condition. We cannot give assurance, however, that one or more of these lawsuits will not have a material effect on our results of operations for the period in which they are resolved. Based on the information available, including the amount of time remaining before trial, the results of discovery and the judgment of internal and external counsel, we are unable to express an opinion as to the outcome of those matters which are not settled and cannot estimate a potential range of loss except as specified in Note 5. When a range is expressed, we are currently unable to determine the probability of loss within that range.
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