January 29 Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit against Qualcomm, Inc.

LOS ANGELES--(BUSINESS WIRE)--

Glancy Prongay & Murray LLP ("GPM") reminds investors that a class action complaint has been filed on behalf of a class of Qualcomm, Inc. ("Qualcomm" or the "Company") QCOM investors who purchased shares between November 6, 2014 and July 22, 2015, inclusive (the "Class Period"). Qualcomm investors are encouraged to contact GPM to discuss their legal rights.

Qualcomm is a global semiconductor company that designs, manufacturers 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 request appointment as lead plaintiff, or if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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

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