Investing

Qualcomm (QCOM): The Incompetence Gets Worse

CNNMoney writes: "Chipmaker Qualcomm (QCOM) dueled Friday in federal court with its hiredattorneys over who shoulders the blame for what a judge called "grossmisconduct on a massive scale" at a past trial." The news channel adds that the possibility of sanctions has threatened the careers of attorneysfrom two Silicon Valley firms and prolonged a damaging episode forQualcomm.

Qualcomm and/or its lawyers did manage to "misplace" more than 200,000 pages of documents in a trial against archrival Broadcom (BRCM).

Qualcomm says that not producing the articles was a mistake. The attorneys say the never intended to mislead anyone.

The Vegas odds that the judge believe either the company or its attorneys is 10,000-to-1 against

Douglas A. McIntyre

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