Whole Foods 2007 Annual Report Download - page 28

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22
Item 3. Legal Proceedings.
From time to time we are a party to legal proceedings including matters involving personnel and employment issues,
personal injury, intellectual property and other proceedings arising in the ordinary course of business which have not resulted
in any material losses to date. In addition, the FTC is currently pursing an administrative proceeding concerning our recent
acquisition of Wild Oats Markets and the Company has been contacted by the staff of the SEC regarding an inquiry related
to online financial message board postings related to Whole Foods Market and Wild Oats Markets. Although management
does not expect that the outcome in any of these proceedings, individually or collectively, will have a material adverse effect
on our financial condition or results of operations, litigation is inherently unpredictable. Therefore, we could incur judgments
or enter into settlements of claims that could adversely affect our operating results or cash flows in a particular period.
Item 4. Submission of Matters to a Vote of Security Holders.
Not applicable.