Cognizant Technology Solutions Corporation

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Cognizant Technology Solutions Corporation
Stock Symbol : NASDAQ: CTSH
Class Period Start: 02/25/2016
Class Period End: 09/30/2016
Lead Plaintiff motion: 12/05/2016
Date Filed: 10/05/2016
Type of Case: Securities Class Action
Court: U.S. District Court for the District of New Jersey
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the December 5, 2016 lead plaintiff deadline in a class action lawsuit filed against Cognizant Technology Solutions Corporation (NASDAQ: CTSH) (“Cognizant” or “the Company”). The suit is pending in the U.S. District Court for the District of New Jersey and investors, who purchased Cognizant Technology Solutions Corporation securities between February 25, 2016 and September 30, 2016, have until December 5, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Cognizant Technology Solutions Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Cognizant lacked effective internal controls over financial reporting and some inappropriate expenses for permits and building licenses for some of its 12 facilities in India.

On September 30, 2016, the Company revealed it was conducting an internal investigation into possible violations of the U.S. Foreign Corrupt Practices Act.

On this news, NASDAQ: CTSH dropped over 13% to close at $47.71 per share on September 30, 2016.

If you were negatively impacted by your investment in Cognizant Technology Solutions Corporation securities between February 25, 2016 and September 30, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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