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Dubai News Club > Tech > Qualcomm agrees to pay $75 million to end lawsuit linked to Apple complaints
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Qualcomm agrees to pay $75 million to end lawsuit linked to Apple complaints

Press Room
Last updated: 2024/06/19
Press Room
Published: June 19, 2024
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Qualcomm’s shareholders have managed to achieve something that Apple and government regulators across the globe tried to and failed to do: get Qualcomm to pay up over its aggressive licensing practices.

In a court filing on Tuesday, Qualcomm said it would agree to pay $75 million to settle a lawsuit brought by shareholders, who claim that the company misled them about how its business practices worked and artificially inflated its stock price as a result. The settlement was earlier reported…

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