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") (Nasdaq: 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 [email protected],
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160113005410/en/
