SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against QUALCOMM Incorporated & ...
June 20 2018 - 3:04PM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against
QUALCOMM Incorporated (“QUALCOMM” or ''the Company'') (NASDAQ:
QCOM) for violations of §§10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the
U.S. Securities and Exchange Commission.
Investors who purchased the Company's shares between January 31,
2018 and March 12, 2018, inclusive (the ''Class Period''), are
encouraged to contact the firm before August 7, 2018.
If you are a shareholder who suffered a loss, click here to
participate.
We also encourage you to contact Brian Schall, or Sherin
Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite
404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights
free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email
at brian@schallfirm.com.
The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the Complaint, QUALCOMM made false and misleading
statements to the marketplace. On January 29, 2018, QUALCOMM
covertly filed a voluntary request with the Committee on Foreign
Investment in the United States (“CFIUS”) to investigate the
actions of Broadcom Limited, which was attempting to acquire
QUALCOMM. The complaint alleges the Company made this request to
block Broadcom’s takeover attempt. The market became aware of
QUALCOMM’s secret activities on March 5, 2018, and the share price
of QUALCOMM stock decreased substantially, damaging investors.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and rules of
ethics.
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version on businesswire.com: https://www.businesswire.com/news/home/20180620006183/en/
The Schall Law FirmBrian Schall, Esq.,Sherin Mahdavian,
Esq.,www.schallfirm.com310-301-3335info@schallfirm.com
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