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Federal Court Rejects Amended Class Action Complaint Against Qualcomm

Posted on: Tuesday, 11 August 2009, 06:30 CDT

SAN DIEGO, Aug. 11 /PRNewswire-FirstCall/ -- Qualcomm Incorporated (Nasdaq: QCOM) today announced that the United States District Court for the Southern District of California again granted Qualcomm's motion to dismiss a consumer class action lawsuit alleging antitrust violations and unfair competition by Qualcomm. U.S. District Court Judge William Q. Hayes rejected arguments raised by plaintiff Christopher Lorenzo in his amended complaint and affirmed his prior ruling that Lorenzo lacked standing to bring antitrust claims. As to the plaintiff's other claims, the court affirmed that the allegations in the complaint did not give him any right to compensation from Qualcomm under California's unfair competition law.

The case, filed in 2008, is 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 2009 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.

Qualcomm Contacts: Christine Trimble, Public Affairs Phone: 1-858-651-3628 Email: publicaffairs@qualcomm.com John Gilbert, Investor Relations Phone: 1-858-658-4813 Email: ir@qualcomm.com

SOURCE Qualcomm Incorporated

Source: PR Newswire

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