Securities Claims In Qualcomm Board Diversity Suit Lack Required Materiality

Mealey's (November 18, 2021, 12:15 PM EST) -- WILMINGTON, Del. — A federal judge in Delaware on Nov. 15 dismissed claims in a shareholder derivative action against a semiconductor manufacturer’s current and former directors, ruling that shareholders failed to sufficiently plead that the defendants issued any materially misleading statements in the company’s 2019 or 2020 proxy reports....