June 26, 2020
Qualcomm Inc. asked a California federal judge Thursday to dismiss a proposed class action that claims the company misled investors about a possible takeover, calling shareholders' arguments a "distraction" that doesn't make the case that the company lied to or misled them.
March 11, 2020
Qualcomm Inc. scored a partial victory after a California federal judge tossed some claims in a proposed shareholder class action alleging the chipmaker's executives artificially inflated share prices while "secretly" taking steps to kill Broadcom Ltd.'s $117 billion hostile bid to take over the company.
May 13, 2019
Qualcomm Inc. urged a California federal court on Friday to throw out a proposed shareholder class action accusing it of tanking rival Broadcom Ltd.'s $117 billion acquisition bid by concealing a government investigation into the deal, arguing investors failed to identify any fraudulent statements made by the mobile tech giant.
January 23, 2019
Kessler Topaz Meltzer & Check LLP and Robbins Geller Rudman & Dowd LLP were appointed as lead counsel Tuesday in a proposed class action launched by Qualcomm Inc. shareholders following Broadcom Ltd.'s thwarted $117 billion bid to take over the chipmaker, with a California federal judge saying the firms have the requisite experience.
June 11, 2018
Qualcomm Inc. was hit Friday with a proposed shareholder class action in California federal court over Broadcom Ltd.'s thwarted $117 billion bid to take over its rival, alleging the chipmaker's executives artificially pumped up share prices while "secretly" taking steps to kill the deal.