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NEW ORLEANS–(BUSINESS WIRE– Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., A
partner of Kahn Swick & Foti, LLC ("KSF"), ad
that KSF has opened an investigation into QUALCOMM Incorporated
(NasdaqGS: QCOM).
In January 2017, the US Federal Trade Commission ("FTC") filed a lawsuit
against the company for anti-competitive business practices, alleging that
he maintained a monopoly on chips for mobile phones using policies
who violated industry agreements by demanding high royalties from
customers to license its standard essential patents ("SEP") to purchase its products.
chips, refusing to grant its MS licenses to competitors and entering a
exclusive deal with Apple preventing other chip vendors
work with her. Recently, the Court granted the FTC's request to
partial summary judgment concluding that branch agreements were necessary
Qualcomm to license its modem chip vendors for its SEP, noting that
its own practices and statements underlined in previous disputes
contradict its current position that branch agreements
discriminate against component suppliers.
In recent years, the company has been fined $ 1.2 billion
the European Union, 975 million dollars by China, 854 million dollars by Korea
Fair Trade Commission, and 773 million Taiwan dollars (later reduced by one
Regulation) for anti-competitive practices.
KSF's investigation seeks to find out whether the officers and / or agents of Qualcomm
executives breached their fiduciary duties to the shareholders of Qualcomm or
otherwise violated federal or state laws.
If you have any information that could help KSF in its investigation, or
have been long-term holders of Qualcomm shares and would like to
discuss your legal rights, you can, without obligation or fees,
Call toll-free at 1-877-515-1850 or send an email to KSF's Managing Partner, Lewis
Kahn ([email protected]),
or visit https://www.ksfcounsel.com/cases/nasdaqgs-qcom/
to learn more.
About Kahn Swick & Foti, LLC
KSF, whose partners include the former Attorney General of Louisiana
Charles C. Foti, Jr., is a law firm focused on securities, antitrust and antitrust laws.
clbad actions, as well as mergers and acquisitions and breach of
litigation against publicly traded companies on behalf of
shareholders. The company has offices in New York, California and Louisiana.
To learn more about KSF, you can visit www.ksfcounsel.com.
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