Shareholder Class Gets Partial Certification In Qualcomm Stock-Drop Suit

Mealey's (March 23, 2023, 11:17 AM EDT) -- SAN DIEGO — A federal judge in California ruled that while technology company Qualcomm Inc. and certain of its current and former senior executives have sufficiently shown a lack of price impact regarding alleged misstatements they made pertaining to the company’s licensing practices, partial certification of an investor class is warranted because the defendants failed to make a similar lack of price-impact showing regarding alleged misstatements pertaining to the company’s bundling practices....