Judge: Investor Failed To Plead Securities Law Claims Against Most Defendants

(November 8, 2017, 10:30 AM EST) -- SAN DIEGO — A federal judge in California on Oct. 20 dismissed federal securities law claims against a majority of defendants in a securities class action lawsuit against a technology company and certain of its executive officers, ruling that the lead plaintiff in the action failed to properly plead any actionable misrepresentations or omissions, loss causation or scienter against those defendants (3226701 Canada Inc. v. Qualcomm Inc., et al., No. 15-2678, S.D. Calif., 2017 U.S. Dist. LEXIS 174367)....