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Technology Stocks : The New QUALCOMM - Coming Into Buy Range
QCOM 165.24-2.4%3:59 PM EST

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To: limtex who wrote (787)8/14/2007 11:25:47 AM
From: manalagi  Read Replies (2) of 9132
 
Lou Lupin is an arrogant man and Judge Rudi Brewster indirectly stated that fact. OTOH Carol Lam is well respected attorney and her reputation might lessened the penalty imposed to the company and heavy penalties for individuals who did not respect the authority court, i.e. manipulation of evidence by withholding tens of thousands of emails, perjury, arrogance etc. I think the case of Lou Lupin will be referred to the ABA and he will be disbarred. Clinton was disbarred for lying under oath even though he just played with words regarding the definition of sex.

Here is some portion of the article in the San Diego Union online:

Qualcomm said Lam, senior vice president and legal counsel, will serve as acting general counsel while a nationwide executive search is conducted for a replacement.

“While we work to fill the position as quickly as possible, we have full confidence in Carol's and the senior legal team's ability to manage our legal matters,” a Qualcomm spokeswoman said.

Carl Tobias, a professor of law at the University of Richmond, said Lam, 48, will be a benefit to Qualcomm because she is well-respected in the legal community. He said many see Lam's ouster as U.S. attorney – part of the Bush administration's controversial firing of eight U.S. attorneys – as a “raw deal.”

“Mostly she enjoys a really good reputation,” he said. “That fact could help improve the confidence of the judges.”

Lupin absorbed some criticism along with Qualcomm as the company was hammered in the various court cases.

Brewster criticized Lupin in his decision, saying Lupin was disingenuous in an apology letter over Qualcomm's failure to hand over 46,000 documents.

The judge pointed out that Lupin told The San Diego Union-Tribune that the newly discovered documents “on the whole bolstered Qualcomm's arguments” and that Qualcomm hurt itself by not finding the documents earlier.

In his ruling, however, Brewster said he disagreed with Lupin's characterization, saying the new evidence “fully bolstered” Broadcom's arguments and “completely refuted” Qualcomm's claims.


signonsandiego.com
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