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Cognizant Technology Solutions Corporation Securities Fraud Class Action

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COMPANY         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 February 27, 2015 - September 29, 2016

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. This is a federal securities class action brought on behalf of all persons and entities who purchased, or otherwise acquired, Cognizant common stock from February 27, 2015, through September 29, 2016, both dates inclusive (the “Class Period”).

The complaint alleges 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 SEC filings and sustainability reports.

Current Status of Case:

On June 5, 2020, the Court denied Defendants’ Motion to Dismiss Plaintiffs’ Second Amended Class Action Complaint.  On September 7, 2021, Lead Plaintiffs filed a Motion for Preliminary Approval of Settlement. On September 9, 2021, the Court issued an Order Preliminarily Approving Settlement. On November 8, 2021, Lead Plaintiffs filed a Motion for Final Approval of Settlement. On December 20, 2021, a Final Settlement Hearing occurred and the Court issued an Order granting Plaintiffs’ Motion for Final Approval of Settlement and entered Final Judgment. This action has concluded. 

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; or via e-mail at 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.

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 Jon Naji, Esq. at (484) 270-1453; or you may submit your information via email at, 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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