Thieler Law Corp advises investors with losses exceeding $100,000 of the March 24, 2017 lead plaintiff deadline in a class action lawsuit filed against Qualcomm Incorporated (NASDAQ: QCOM) (“Qualcomm ” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of California and investors, who purchased Qualcomm Incorporated securities between February 1, 2012 and January 17, 2017, have until March 24, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Qualcomm Incorporated securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Qualcomm was engaging and/or had engaged in anticompetitive conduct to maintain a monopoly for semiconductors used in mobile phones in violation of the FTC Act; in turn, Qualcomm lacked effective internal controls over financial reporting; and as a result, the Defendants’ public statements were materially false and misleading at all relevant times.

On January 17, 2017, Bloomberg revealed that U.S. antitrust officials were organizing a lawsuit against the Company for allegedly acting in unfair practices leading to a monopoly over the processing chips used in cellphones.

Following this news, NASDAQ: QCOM shares fell over 4% on January 17, 2016.

If you were negatively impacted by your investment in Qualcomm Incorporated securities between February 1, 2012 and January 17, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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