Class Period: Feb 1, 2012 to Jan 17, 2017
Lead Plaintiff Deadline: Mar 24, 2017
Summary of Case:
A securities class action has been filed against Qualcomm Incorporated ("Qualcomm") on behalf of all persons who purchased or otherwise acquired Qualcomm securities publicly traded on NASDAQ between February 1, 2012 through January 17, 2017. This case has been filed in the USDC - California (Northern).
The Complaint alleges that throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) Qualcomm was engaging and/or had engaged in anticompetitive conduct to maintain a monopoly for semiconductors used in mobile phones in violation of the FTC Act; (2) in turn, Qualcomm lacked effective internal controls over financial reporting; and (3) as a result, the defendants' public statements were materially false and misleading at all relevant times.
If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.