NEW YORK, Jan. 22, 2016 (GLOBE NEWSWIRE) -- Law Firm, a global investor rights firm, reminds purchasers of Qualcomm Incorporated securities (NASDAQ:QCOM) from November 6, 2014 through July 22, 2015, inclusive (the “Class Period”) of the important January 29, 2016 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for all Qualcomm investors under the federal securities laws.
To join the Qualcomm class action, go to the website at http://www.rosenlegal.com/cases-794.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
The Complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Qualcomm was experiencing weaker-than-expected sales of devices that included Qualcomm’s products; and (2) as a result, Qualcomm’s statements about its business, operations, and prospects lacked a reasonable basis. When the details of Qualcomm’s sales problems entered the market, the price of Qualcomm securities declined and investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 29, 2016. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to the firm’s website at http://www.rosenlegal.com/cases-794.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Attorney Advertising. Prior results do not guarantee a similar outcome.