NEW ORLEANS, June 11, 2018 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 7, 2018 to file lead plaintiff applications in a securities class action lawsuit against QUALCOMM Incorporated (NasdaqGS:QCOM), if they purchased the Company’s securities between January 31, 2018 and March 12, 2018, inclusive (the “Class Period”).  This action is pending in the United States District Court for the Southern District of California.

What You May Do

If you purchased securities of QUALCOMM and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-qcom/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by August 7, 2018.  

About the Lawsuit

QUALCOMM and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company had attempted to hinder the efforts of Broadcom to acquire it by secretly filing a unilateral request with the Committee on Foreign Investment in the United States (“CFIUS”) to investigate Broadcom, and (ii) as a result of the foregoing, QUALCOMM’s financial statements were materially false and misleading at all relevant times.

About Kahn Swick & Foti, LLC

KSF, whose partners include the former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447

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