Final Approval Granted To $75M Settlement, Fees In Investor Suit Against Tech Firm

Mealey's ( October 10, 2024, 10:40 AM EDT) -- SAN DIEGO — In a securities class action, a California federal judge granted final approval to a $75 million settlement and awarded the plaintiffs’ counsel 23% of the settlement fund for attorney fees, bringing an end to claims brought by investors in Qualcomm Inc. against the company and certain of its executives alleging that the company issued false claims to investors about certain company practices....

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