Vodafone, Others May Face Brain Tumor Lawsuit: Report

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Vodafone

(VOD) - Get Report

could face up to 10 compensation claims, which may amount to billions of dollars in damages, from brain tumor victims in the U.S., according to a report in a British newspaper.

According to a report by the

The Times

in Britain, the mobile phone giant is one of many suppliers facing a large legal action against the industry, which alleges that radiation from mobile phones causes cancer.

Verizon Wireless

, a company formed by the combination of the U.S. wireless assets of

Bell Atlantic

,

GTE

and Vodafone, would also be named in nearly all of the legal actions, the report said.

Bell Atlantic and GTE merged to create

Verizon Communications

(VZ) - Get Report

earlier this year.

The lawsuits will be filed by Peter Angelos, a lawyer who recently helped win $4.2 billion in damages from the tobacco industry in Maryland. The cases could provoke the most extensive examination of the effects of mobile phone radiation and could spark copycat claims in Britain and the rest of the world, the report indicated. Angelos also owns the

Baltimore Orioles

professional baseball team.

Shares of Vodafone, which is based in Newbury, England, were lately down 69 cents, or 2%, to $34.31, while Verizon, New York, lost $1.50, or 3%, to $49.06 in composite trading on the Big Board.