Bronstein, Gewirtz & Grossman, LLC stated that investors who had purchased Qualcomm stocks between January 31 and March 12, 2018, initiated a class action lawsuit against Qualcomm, claiming that Qualcomm violated US Securities Law and required compensation for investors. .
The indictment stated that Qualcomm had made a false or misleading statement during the above period, and failed to publicly disclose that it had secretly notified Broadcom of the acquisition of Qualcomm's transaction slips to the US Foreign Investment Commission (CFIUS) in an attempt to stop the potential transaction.