[January 20, 2017]

Glancy Prongay & Murray LLP Commences Investigation on Behalf of Qualcomm Incorporated Investors

Glancy Prongay & Murray LLP ("GPM") announces an investigation on behalf of Qualcomm (News - Alert) Incorporated ("Qualcomm" or the "Company") (NASDAQ: QCOM) investors concerning the Company and its officers' possible violations of federal securities laws.

On January 17, 2017, Bloomberg (News - Alert) reported that U.S. antitrust officials were preparing a lawsuit against Qualcomm for allegedly utilizing unfair practices and creating a monopoly over the processing chips usd in cellphones. The government's allegations allegedly pertain to licensing agreements Qualcomm entered into with Apple (News - Alert), Inc. to exclusively supply chips for Apple, Inc. phones.

On this news, shares of Qualcomm fell over 4% on January 17, 2016.

If you purchased Qualcomm, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170120005108/en/

[ Back To TMCnet.com's Homepage ]