Qualcomm to Pay $75 Million to Resolve Lawsuit Over Sales and Licensing Practices

Qualcomm to Pay $75 Million to Resolve Lawsuit Over Sales and Licensing Practices

A sign in front of a Qualcomm building in San Diego. REUTERS/Mike Blake Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by hiding its anticompetitive sales and licensing practices. A preliminary all-cash settlement was filed on Tuesday with the federal court in San Diego. It requires approval by U.S. District Judge Jinsook Ohta, who certified the lawsuit as a class action in …

Qualcomm reaches $75 million settlement over sales and licensing practices

Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by hiding its anticompetitive sales and licensing practices.A preliminary all-cash settlement was filed on Tuesday with the federal court in San Diego.It requires approval by U.S.

Qualcomm agrees to pay $75M to resolve a suit from shareholders accusing it defrauding them by hiding its alleged anticompetitive sales and licensing practices

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