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Investor Class Action Filed Against Cognizant Technology Solutions Corporation for Securities Fraud Violations
Company Name: Cognizant Technology Solutions Corporation
Court: United States District Court for the District of New Jersey
Case Number: 16-cv-06509
Judge: The Hon. William H. Walls
Class period: Between February 27, 2015 and September 29, 2016
Security Type:

Case Background:

On October 5, 2016, the initial complaint in this securities class action was filed against Cognizant Technology Solutions Corporation (“Cognizant” or the “Company”), and certain of Cognizant’s directors and officers, asserting violations of sections 10(b) and 20(a) of the Securities Exchange Act. Lead Plaintiffs allege that in order to conceal an illicit bribery scheme, defendants made and caused to be made false and misleading statements and omissions in Cognizant’s filings with the U.S. Securities and Exchange Commission and sustainability reports. This action is being brought on behalf of a class of all persons and entities who purchased, or otherwise acquired, the common stock of the Company from February 27, 2015, through and including September 29, 2016.

Current Status of Case:

On June 5, 2020, defendants’ motion to dismiss plaintiffs’ second amended class action complaint was denied by the Court. The parties are currently engaged in discovery. This action is still ongoing.

If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.

CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Esq. or Adrienne Bell, Esq.
280 King of Prussia Road
Radnor, PA 19087 1-844-887-9500 (toll free) or 1-610-667-7706
Or by e-mail at info@ktmc.com

Please complete this form and list your purchase and sale transaction(s) for Cognizant Technology Solutions Corporation (NASDAQ: CTSH) securities between February 27, 2015 and September 29, 2016, both dates inclusive (the “Class Period”):

You may also contact James Maro, Jr., Esq. or Adrienne Bell, Esq. at 610.667.7706 or toll free at 844.887.9500, or you may submit your information via email at info@ktmc.com, or you may click here to print a PDF of this form.

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# of Shares
Price per Share
 
 
 
Principal Amount
Amount Paid
Series or CUSIP
 
 
 
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Cognizant Technology Solutions Corporation (2016) prior to the Class Period?
Are you a current or former employee of Cognizant Technology Solutions Corporation (2016)?
The submission of this form does not create an attorney-client relationship, nor an obligation on the part of Kessler Topaz or you to file a lead plaintiff motion in this matter. Any information you submit will be maintained as confidential. If Kessler Topaz, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Kessler Topaz will contact you to discuss the matter and whether to establish an attorney client relationship. By signing this form you are authorizing us to contact you regarding this case and/or future cases.
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