Comcast 2010 Annual Report Download - page 95

Table of Contents
83
Comcast 2010 Annual Report on Form 10-
K
to continue to invest in the company stock account during a
time in 2007 when we allegedly knew (but had not disclosed)
that we would not meet our forecasted results. In July 2010,
the parties agreed to settle this action with a payment by us
of $5 million and our agreement to take certain action with
respect to the administration of the plan. On January 26,
2011, the court approved the settlement and dismissed the
action with prejudice.
Other
We are a defendant in several unrelated lawsuits claiming
infringement of various patents relating to various aspects of
our businesses. In certain of these cases other industry
participants are also defendants, and also in certain of these
cases we expect that any potential liability would be in part or
in whole the responsibility of our equipment and technology
vendors under applicable contractual indemnification
provisions. We are also subject to other legal proceedings
and claims that arise in the ordinary course of our business.
While the amount of ultimate
liability with respect to such actions is not expected to
materially affect our financial position, results of operations or
cash flows, any litigation resulting from any such legal
proceedings or claims could be time consuming, costly and
injure our reputation.
* * *
We believe the claims in each of the pending actions
described above in this item are without merit and intend to
defend the actions vigorously. We cannot predict the
outcome of any of the actions described above, including a
range of possible loss, or how the final resolution of any such
actions would impact our results of operations or cash flows
for any one period or our consolidated financial position.
Nevertheless, the final disposition of any of the above actions
is not expected to have a material adverse effect on our
consolidated financial position, but could possibly be material
to our consolidated results of operations or cash flows for any
one period.