Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

QUALCOMM INC/DE (QCOM) Class Action Lawsuit (January 2017)

Closed

3:17cv121 • January 23, 2017

Class Period Start

February 1, 2012

Class Period End

April 20, 2017

PSLRA Deadline

March 24, 2017

Case Allegations

10b5

Statutes of Repose

Feb 1, 2015

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

November 8, 2024

Settlement Fund

$75,000,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchased or otherwise acquired the common stock of Qualcomm Incorporated (“Qualcomm”) between February 1, 2012 and January 20, 2017, inclusive.

Claim Administrator

A.B. Data, Ltd.
Qualcomm Securities Litigation c/o A.B. Data, Ltd. P.O. Box 173043 Milwaukee, WI 53217
+1 877-390-3401
[email protected]

Hearing Date

September 27, 2024

Opt-out Deadline

December 31, 1969

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Feb 6, 2026

Disbursement Approved

The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.

Sep 27, 2024

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Aug 23, 2024

Motion for Final Approval of Settlement

The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.

Jul 11, 2024

Proposed Settlement

Jul 11, 2024

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Jun 27, 2024

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Jun 18, 2024

Motion for Preliminary Approval of Settlement

The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.

Apr 5, 2024

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Mar 29, 2024

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Apr 4, 2023

On Appeal

Mar 20, 2023

Class Certification Denied in Part

The court has approved some parts of the request to proceed as a class action but denied others. This means the lawsuit can move forward on behalf of certain investors or claims, while others may be excluded. The court's decision will determine which investors and claims are included in the class action.

May 23, 2022

Motion for Class Certification

The plaintiffs have asked the court to approve the lawsuit to proceed as a class action on behalf of a group of investors. The judge will decide whether the case meets the requirements for class certification and which investors and claims may be included.

Feb 25, 2022

Scheduling Order

Nov 17, 2020

Scheduling Order

May 28, 2020

Scheduling Order

Jan 31, 2020

Scheduling Order

Jan 28, 2020

Scheduling Order

Sep 27, 2019

Scheduling Order

Sep 6, 2019

Scheduling Order

Aug 2, 2019

Scheduling Order

Aug 1, 2019

Scheduling Order

Jun 4, 2019

Scheduling Order

Mar 29, 2019

Scheduling Order

Mar 18, 2019

Motion to Dismiss Denied

The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.

Sep 1, 2017

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Jul 3, 2017

First Amended Complaint

A new complaint has been filed on behalf of certain investors in QUALCOMM INC/DE. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

May 4, 2017

Scheduling Order

May 4, 2017

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Jan 26, 2017

Additional Complaint

Another plaintiff has filed a complaint on behalf of investors in QUALCOMM INC/DE. The allegations and class definitions are substantively the same.

Jan 23, 2017

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in QUALCOMM INC/DE.

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