Cognizant Inks $95M Deal To End Investors' Bribery Action
By Melissa Angell ( September 7, 2021, 11:10 PM EDT) -- 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....
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