Their press release ends with “As of today, this incident has not had a material impact on AT&T’s operations”. I assume that's some dumb legal requirement relat

Their press release ends with “As of today, this incident has not had a material impact on AT&T’s operations”. I assume that's some dumb legal requirement related to being a publicly traded company. But it sure looks like a statement of the legal problem right now with privacy breaches in the US.