|
Quotes & Info
|
| CAH > SEC Filings for CAH > Form 8-K on 20-Dec-2007 | All Recent SEC Filings |
20-Dec-2007
Regulation FD Disclosure, Financial Statements and Exhibits
On November 5, 2007, Cardinal Health, Inc. (the "Company") notified customers of a voluntary recall for all Alaris® Pump modules, model 8100 (formerly known as Medley™ Pump module), shipped prior to September 27, 2007. On December 20, 2007, the Company issued a news release providing an update to this recall, which is attached hereto as Exhibit 99.1. The Company accrued a $4 million reserve in the quarter ended September 30, 2007 for costs associated with the recall and expects to accrue an additional reserve in the quarter ending December 31, 2007, which will bring total reserves established for this matter to an expected range of $12 million to $14 million. At this time, the Company expects that this reserve amount will be sufficient to implement the planned recall. However, it is possible that additional developments related to the recall may occur which could affect the total costs associated with the recall.
(d) Exhibits
99.1 News release issued by the Company on December 20, 2007.
|
|