Qualcomm Ends $75M Lawsuit Linked To Apple's Patent Licensing Claims - Qualcomm (NASDAQ:QCOM)

Qualcomm agrees to pay $75 million to end lawsuit linked to Apple complaints

Illustration by Alex Castro / The Verge Qualcomm’s shareholders have managed to achieve something that Apple and government regulators across the globe tried to and failed to do: get Qualcomm to pay up over its aggressive licensing practices. In a court filing on Tuesday, Qualcomm said it would agree to pay $75 million to settle a lawsuit brought by shareholders, who claim that the company misled them about how its business practices worked and…

Qualcomm Ends $75M Lawsuit Linked To Apple's Patent Licensing Claims - Qualcomm (NASDAQ:QCOM)

Qualcomm Inc (NASDAQ:QCOM) agreed to pay $75 million to settle a lawsuit with its shareholders, marking a victory for investors where Apple Inc (NASDAQ:AAPL) and global regulators previously failed. What Happened: According to The Verge, the lawsuit accused Qualcomm of misleading shareholders about its business practices, specifically concerning patent licensing, which allegedly inflated the company’s stock price. The dispute centered on Qualco…