STOCKHOLDER UPDATE: Kaskela Law LLC Announces 24 Hour Deadline for Investors in Class Action Lawsuit Against QUALCOMM Inc.
August 06 2018 - 11:57AM
Business Wire
Kaskela Law LLC announces that an investor class action
complaint has been filed against QUALCOMM Incorporated (NASDAQ:
QCOM) (“QUALCOMM” or the “Company”) on behalf of investors who
purchased the Company’s securities between January 31, 2018 and
March 12, 2018, inclusive (the “Class Period”).
Investors who purchased QUALCOMM’s securities during the
Class Period and suffered an investment loss from such purchases in
excess of $50,000 are encouraged to immediately contact Kaskela Law
LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or via email
at skaskela@kaskelalaw.com or online at
www.kaskelalaw.com/case/qualcomm, to discuss their
important legal rights and options.
The investor class action complaint alleges that QUALCOMM made a
series of materially false and misleading statements to investors
during the Class Period, and failed to disclose to investors that
the Company had secretly filed a unilateral notice with the
Committee on Foreign Investment in the United States (“CFIUS”) in a
brazen move designed to frustrate and prevent Broadcom from
acquiring QUALCOMM. The complaint further alleges that, as a result
of the foregoing, investors purchased QUALCOMM’s securities at
artificially inflated prices during the Class Period and suffered
significant investment losses once QUALCOMM’s actions were revealed
to the market in March 2018.
The investor class action complaint seeks to recover monetary
losses suffered by QUALCOMM investors who purchased the Company’s
securities during the Class Period. Investors who purchased
QUALCOMM’s securities during the Class Period may, no later than August 7, 2018, seek to be
appointed as a lead plaintiff of the class in this action.
QUALCOMM investors are encouraged to contact Kaskela Law LLC for
additional information about this action. Kaskela Law LLC
exclusively represents investors in state and federal courts
throughout the country. For additional information about Kaskela
Law LLC please visit www.kaskelalaw.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180806005457/en/
KASKELA LAW LLCD. Seamus Kaskela, Esq.201 King of Prussia
RoadSuite 650Radnor, PA
19087484-258-1585888-715-1740info@kaskelalaw.comwww.kaskelalaw.com
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