Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, today announced that the United States District Court for the Southern District of California granted Qualcomm's motions to dismiss three consumer class action lawsuits alleging antitrust violations and unfair competition by Qualcomm. U.S. District Court Judge William Q. Hayes held that the plaintiffs lacked standing to bring antitrust claims because their alleged injuries were too remote to be traced to the allegedly anticompetitive conduct. As to the plaintiffs' other claims, the court held that the allegations in the complaint did not give them any right to compensation from Qualcomm under California's unfair competition law.
The three cases, filed in 2008, are Meyer v. Qualcomm, Case No. 08cv655 WQH; Valikhani v. Qualcomm, Case No. 08cv786 WQH; and Lorenzo v. Qualcomm, Case No. 08cv2124 WQH.
Qualcomm Incorporated (Nasdaq: QCOM) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 100 Index, the S&P 500 Index and is a 2008 FORTUNE 500® company. For more information, please visit www.qualcomm.com.
Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
Official Release Timestamp:
March 04, 2009
Federal Court Dismisses Class Action Complaints Against Qualcomm