Exculpatory Legal Baffelgab

explaining the new spin off of their financial advisory subsidiary into a stand alone entity. This is an organization that wants to manage your money. The press release relied on too much exculpatory legal bafflegab. Essentially they want you to know about the transaction. But they need for some reason to have this weasal clause that basically says listen to us but for legal purposes we are not liable for anything. This from a company that manages private wealth. I know they are not the only company to rely on this sort of verbiage. Have a read if you can stay awake.
This release includes forward-looking statements, which are subject to risks and uncertainties. The words "expect," "intend," "will" and similar expressions are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, (i) the underlying assumptions and expectations related to the spin-off of Ameriprise proving to be inaccurate or unrealized, including, among other things, the likelihood of and expected timing for completion of the spin-off, the expected date the shares of American Express and Ameriprise will trade as separate issues, the timing and development of a "when issued" trading market for Ameriprise common stock and the timing of the mailing of the information statement to American Express shareholders, and (ii) the timing of the New York Stock Exchange's approval for listing of the Ameriprise common stock. Additional factors related to these and other expectations are detailed in the registration statement on Form 10, as amended, filed by Ameriprise with the Securities and Exchange Commission.
SOURCE American Express Company