A sign in front of a Qualcomm building in San Diego. REUTERS/Mike Blake Qualcomm agreed to pay $75 million to resolve a lawsuit in which shareholders accused the chipmaker of defrauding them by hiding its anticompetitive sales and licensing practices. A preliminary all-cash settlement was filed on Tuesday with the federal court in San Diego. It requires approval by U.S. District Judge Jinsook Ohta, who certified the lawsuit as a class action in March 2023. Qualcomm and six individual defendants, including former chief executives Paul Jacobs and Steven Mollenkopf, denied wrongdoing in agreeing to settle. The San Diego-based company did not immediately respond to a request for
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