Summary
The Home Depot, Inc. (HD) has disclosed in this Form 8-K filing dated July 29, 2005, that it received a grand jury subpoena from the U.S. Attorney's Office in Los Angeles, California. This subpoena requests documents and information pertaining to the company's practices in handling, storing, and disposing of hazardous waste. In addition to the federal investigation, the company is also subject to inquiries from California state and local government authorities regarding the same matter. Home Depot has stated its full cooperation with these investigations. While the company acknowledges the ongoing nature of these proceedings and the inability to predict their ultimate outcome, it currently anticipates that these investigations will not have a material adverse impact on its financial condition or operating results.
Key Highlights
- 1Home Depot received a grand jury subpoena from the U.S. Attorney's Office in Los Angeles.
- 2The subpoena is related to the company's handling, storage, and disposal of hazardous waste.
- 3California state and local government authorities are also investigating the same matter.
- 4The company is cooperating fully with all investigating authorities.
- 5Home Depot does not expect these investigations to materially adversely affect its financial condition or operating results.
- 6The filing date was July 29, 2005, with the earliest event reported on July 20, 2005.