The Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Qualcomm, Inc. Investors

BENSALEM, Pa.--(BUSINESS WIRE)--

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Qualcomm, Inc. ("Qualcomm" or the "Company") QCOM securities between November 6, 2014 and July 22, 2015, inclusive (the "Class Period"). Investors who have suffered losses on their investment in Qualcomm securities are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action.

Qualcomm is a global semiconductor company that designs, manufactures and markets worldwide digital communications products and services. The Company generates revenues from the sale of its microchips to mobile-phone manufacturers and from its patent portfolio via perpetual license agreements with third-party manufacturers, primarily in China.

Throughout the Class Period, Defendants made false and/or misleading statements regarding its business practices and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (1) the financial risks facing the Company; and (2) that, as such, the Company's positive statements about its business, operations, and prospects lacked a reasonable basis.

If you purchased shares of Qualcomm during the Class Period you may move the Court no later than January 29, 2016 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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