IN RE COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION SECURITIES LITIGATION

  1. December 22, 2021

    Attys Get $19M In Cognizant's $95M Bribery Deal

    Attorneys representing a proposed class of Cognizant investors who inked a $95 million settlement to resolve claims that the company bribed officials in India for tax breaks and labor benefits will receive $19 million for their work on the lawsuit, a New Jersey federal district court ordered Tuesday.

  2. September 07, 2021

    Cognizant Inks $95M Deal To End Investors' Bribery Action

    A proposed class of Cognizant investors on Tuesday asked a New Jersey federal judge to preliminarily approve a $95 million settlement that would resolve claims that the company and certain executives bribed officials in India for permits to build a facility in an area where they'd enjoy tax breaks and labor benefits.

  3. March 17, 2021

    Cognizant Can't Get 3rd Circ. Take On Bribery Suit Ruling

    A New Jersey federal judge on Wednesday said Cognizant Technology Solutions Corp. can't ask the Third Circuit to immediately review her ruling that former executives' purported state of mind could be attributed to the company in a proposed securities class action over an alleged bribery scheme, saying the "mixed question of law and fact" is not proper for such appellate review.

  4. July 24, 2020

    Feds Want Limited Pause In Investors' Cognizant Bribe Suit

    The government has urged a New Jersey federal court to mostly halt a proposed securities class action against Cognizant Technology Solutions Corp. over an alleged bribery scheme involving two former company executives until a related criminal case is concluded, but the business would still need to turn over documents it gave prosecutors.

  5. June 08, 2020

    Cognizant Must Face Shareholders' Bribery Claims

    Digital services company Cognizant and its former president and legal chief can't end shareholder claims that they bribed officials in India to get permits to build a facility in an area where they'd get tax breaks and labor benefits, a New Jersey federal judge ruled.

  6. July 29, 2019

    Cognizant Investors Rebuff 'Absurd' Bids To Toss Bribery Suit

    Investors in Cognizant Technology Solutions Corp. have asked a New Jersey federal judge not to allow the company's "absurd" effort to ditch securities claims over an alleged bribery scheme to stall discovery any further.

  7. June 11, 2019

    Cognizant Says It Doesn't Belong In Investors' Bribery Suit

    The government's ongoing litigation over an alleged Indian bribery scheme names two former Cognizant Technology Solutions Corp. executives but not the company itself, so Cognizant should be dismissed from investors' similar lawsuit, the company told a New Jersey federal court Monday.

  8. August 09, 2018

    Cognizant Gets Investors' India Bribery Suit Trimmed

    A New Jersey federal judge on Wednesday trimmed investors' proposed class action accusing Cognizant Technology Solutions Corp. and three executives of bribing officials in India for special licenses to operate in areas granted certain perks, such as tax exemptions and looser regulations.