Microsoft Taps AWS to Support GitHub Amid AI Coding Boom 
Qantas Nears Launch of World’s Longest Non-Stop Flights to London and New York 
Obayashi to Acquire Multiplex in $526M Expansion Deal 
Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business 
Trump Administration Delays DeepSeek and CXMT Trade Blacklist Designations Amid U.S.-China Tensions 
Ukrainian Drone Makers Target Japan and Asia Defense Market 
G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions 
US Raises Concerns Over Possible ASML EUV Machine Transfer to China 
SpaceX Surpasses Amazon in Market Value as Post-IPO Rally Accelerates 
HSBC Australia Faces A$35M Penalty Over Scam Protection Failures 
SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow 
TD Bank Expands Employee Monitoring Software to Boost Productivity Amid Privacy Concerns 
SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns 
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation 
Saudi Aramco Explores Sulphur Business Stake Sale to Raise Billions 
Apple Signals Product Price Hikes Amid Rising Memory Chip Costs 
Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race 
NEW YORK, Dec. 01, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Qualcomm Incorporated (“Qualcomm”) (NASDAQ:QCOM) between November 6, 2014 and July 22, 2015.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of California. If you purchased or otherwise acquired Qualcomm Incorporated securities between November 6, 2014 and July 22, 2015, your rights may be affected by this action. To get more information go to:
http://zlk.9nl.com/qualcomm-incorporated-qcom
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that the Company was experiencing weaker-than-expected sales of devices that included the Company’s products and, as a result, the Company’s statements about its business, operations, and prospects lacked a reasonable basis.
On July 22, 2015, after the market closed, Qualcomm issued a press release that reported its third-quarter 2015 results and lowered its sales and earnings forecasts due, in part, to weaker-than-expected original equipment manufacturer sales of devices that included the Company’s products. Qualcomm explained on the earnings call discussing these results that it had an inventory build-up of chips.
If you suffered a loss in Qualcomm Incorporated you have until January 29, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
