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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.93-0.4%9:49 AM EST

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To: ScotMcI who wrote (28199)4/23/1999 2:42:00 PM
From: Ruffian  Read Replies (1) of 152472
 
Iridium Just Can't Get It Going>

April 23, 1999

Class-action lawsuit filed against Iridium

NEW YORK—Investors in Iridium L.L.C. filed a class-action lawsuit
against the company, charging that certain officers and directors of both
Iridium and Motorola Inc. issued false and misleading statements and failed
to reveal the problems associated with the Iridium system's commercial
launch.

Eligible for the class are stockholders on record from Sept. 9, 1998, to
March 29. Interested stockholders have until June 21 to participate in the
class. The law firm of Wolf Haldenstein Adler Freeman & Herz L.L.P. is
handling the case on behalf of investors.

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