Well, that is the myth. In fact, excess headspace on a rimmed cartridge will cause the same problems as with a rimless. The pressure will push the bolt back as far as it can. If that is too far, the case will separate; that is not too bad if the base remains in the chamber. But if headspace is way excessive, the case head will back out of the chamber to the point where it will not be supported by the chamber, filling the action with high pressure gas that will destroy the magazine, bulge the receiver rails, and blow out the extractor.
Jim