Cognizant to receive $5.5 mn in shareholder lawsuit settlement | Bengaluru News
Bengaluru: Cognizant Technology Solutions is set to receive $5.5 million under a proposed settlement of a long-running shareholder derivative lawsuit linked to the company’s Foreign Corrupt Practices Act (FCPA) investigation and subsequent securities litigation.According to a notice filed in the US District Court for the District of New Jersey, Cognizant’s directors’ and officers’ insurers will…
