We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

4 Qualcomm Execs Escape Investor Suit Over Faulty Chip

Law360, Los Angeles (October 20, 2017, 11:04 PM EDT) -- Four Qualcomm Inc. executives escaped allegations they rushed a defective mobile chip to market after a California federal judge on Friday trimmed investors’ class action lawsuit, ruling they failed to prove the tech giant’s top brass lied about the chip in a way that cost shareholders money.

U.S. District Judge Michael M. Anello denied Qualcomm’s bid to dismiss claims against CEO Steve Mollenkopf or the company itself, writing that the class of investors led by the Public Employees’ Retirement System of Mississippi, or PERSM, sufficiently pled...
To view the full article, register now.




Case Information

Case Title

3226701 Canada, Inc. v. Qualcomm, Inc. et al

Case Number



California Southern

Nature of Suit



Michael M. Anello

Date Filed

November 30, 2015

Law Firms


Judge Analytics

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.