LOS ANGELES, March 24, 2017 (GLOBE NEWSWIRE) -- Lundin Law PC, a shareholder rights firm announces a class action lawsuit against QUALCOMM Incorporated. (“QUALCOMM” or the “Company”) (Nasdaq:QCOM) concerning possible violations of federal securities laws. Investors who purchased or otherwise acquired QUALCOMM shares between February 1, 2012 and January 17, 2017 inclusive (the “Class Period”), are encouraged to contact the firm prior to March 24, 2017, also known as the lead plaintiff motion deadline.
To participate in this class action lawsuit, click here, or call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
On January 17, 2017, Bloomberg revealed that U.S. antitrust officials were organizing a lawsuit against QUALCOMM for allegedly engaging in unfair practices and gaining a monopoly over the processing chips used in cellphones.
These claims regard licensing agreements between QUALCOMM and Apple, Inc. to only provide chips for Apple, Inc. phones.
When this news was released to the public, the value of QUALCOMM dropped, causing investors harm.
Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
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