November 15, 2021
A derivative investor suit that accuses Qualcomm Inc. of breaking promises to diversify its all-white board is too vague, relies on inactionable puffery and doesn't properly allege that some statements in question were misleading, a Delaware federal judge said Monday while dismissing all the claims, some without prejudice.
July 17, 2020
Qualcomm has failed to foster diversity among its top brass and throughout the company, claims a proposed class of investors suing the tech behemoth Friday in California federal court, saying that despite the company's statements in favor of diversity and inclusion, not a single Black director sits on the board.