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NY comptroller drops Qualcomm disclosure lawsuit

New York's comptroller has dropped his lawsuit against Qualcomm Inc. (Nasdaq: QCOM) after the wireless technology company agreed to disclose more information about its political spending.

The lawsuit filed Jan. 2 in Delaware sought a court order to inspect company records, saying the San Diego-based corporation rebuffed prior requests for the information.

Comptroller Thomas DiNapoli is sole trustee of New York's pension fund for public workers, which has 5.5 million Qualcomm shares valued at $359 million.

His office says the company spent more than $4.5 million on lobbying last year.

Qualcomm says it will post online its contributions to political candidates and political parties, political spending to trade associations and certain nonprofit organizations, and contributions to influence ballot measures.

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Qualcomm Inc.

Company Website

5775 Morehouse Dr.
San Diego, CA 92121

Company Trade Data

Stock Symbol Close
Change
Chg %Chg
Volume
52-Week
High Low
QCOM
59.91
  0.65  
+ 1.10%
8,924,775,000
78.53
52.17

Insider Trade Data

Date Insider Shares Type Value
10/05/2015 Renduchintala, Venkata S 2,700 Sell $150,066
10/05/2015 Renduchintala, Venkata S 2,700 Sell $150,066
10/01/2015 Amon, Cristiano Renno 2,737 Sell $146,621
10/01/2015 Amon, Cristiano Renno 2,737 Sell $146,621
09/11/2015 Vinciquerra, Anthony J 1,000 Purchase $54,700

Qualcomm Inc. Executive(s):

Irwin Mark Jacobs

  • Founding Chairman, CEO Emeritus

Paul Jacobs

  • Executive Chairman

Tamar Elkeles

  • Vice President

Don Jones

  • Vice President

Don Rosenberg

  • General Counsel

Mark Leslie

  • Vice President, External Affairs

Steven Altman

  • Vice Chairman

Steve Mollenkopf

  • Chief Executive Officer

Derek Aberle

  • President

Navrina Singh

  • Director of Product Management

Related Videos

Top Attorneys 2015: Andrew Newton

Aug. 10, 2015 -- Reporter Katherine Connor speaks with Andrew Newton, a patent counsel at Qualcomm Inc. and a 2015 Top Attorney, about his work in the ever-changing world of patent law.

Watch all of our Top Attorneys 2015 videos.

Similar Companies

NAICS - 334220 - Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
SIC - 3663 - RADIO AND TELEVISION BROADCASTING AND COMMUNICATIONS EQUIPMENT
SIC - 3663 - ELECTRONIC COMPONENTS, NOT ELSEWHERE CLASSIFIED

Other Lists

2012