Cognizant Investors' 'Unexcused Failure' Dooms Suit

By Lauren Berg (September 27, 2022, 8:23 PM EDT) -- A New Jersey federal judge Tuesday tossed consolidated derivative claims brought by Cognizant Technology Solutions Corp. investors over a bribery scandal, saying the investors' "unexcused failure" to give the company's board of directors a chance to decide whether to pursue the requested litigation dooms their case....

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