TECH - Qualcomm Ends $75M Lawsuit Linked To Apple's Patent Licensing Claims | Benzinga
Qualcomm Inc (NASDAQ:QCOM) agreed to pay $75 million to settle a lawsuit with its shareholders, marking a victory for investors where Apple Inc (NASDAQ:AAPL) and global regulators previously failed.
What Happened: According to The Verge, the lawsuit accused Qualcomm of misleading shareholders about its business practices, specifically concerning patent licensing, which allegedly inflated the company’s stock price.
The dispute centered on Qualcomm’s alleged failure to disclose ...