1.   Only a small minority of them result in agency action.

2.   Only a small minority result in agency action.

3.   Press disclosures that firms discriminate against women or minorities soon result in a fall in the share price.

4.   The FDA issues hundreds of warning letters every year, but only a small minority result in agency action.

5.   The FDA sends hundreds of warning letters to companies each year and only a small minority of them result in any significant agency action.

6.   The FDA sends hundreds of warning letters to companies each year and only a small minority of them result in any substantive agency action.

7.   The FDA sends hundreds of warning letters to companies each year and only a small minority of them result in substantive agency action.

8.   The FDA sends hundreds of warning letters to companies each year and only a small minority of them result in significant agency action.

9.   The FDA sends hundreds of warning letters to companies each year and only a small minority of them result in substantial agency action.

10.   The FDA sends hundreds of warning letters to companies each year, and only a small minority of them result in any significant agency action.