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IN RE COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION DERIVATIVE LITIGATION
Case Number:
2:17-cv-01248
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
- Bragar Eagel
- Cohn Lifland
- Gardy & Notis
- Goodwin Procter
- Kantrowitz Goldhamer
- Paul Weiss
- Tanenbaum Keale
Companies
Sectors & Industries:
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September 27, 2022
Cognizant Investors' 'Unexcused Failure' Dooms Suit
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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February 15, 2022
Cognizant Stockholder Suits Fail Under Del. Law, Court Told
Two former executives of Cognizant Technology Solutions Corp. told a New Jersey federal court to dismiss consolidated stockholder derivative claims over a bribery scandal, arguing that the allegations can't stick against corporate officers under Delaware law.