Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Cognizant Technology Solutions Corporation (NASDAQ: CTSH) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Cognizant Technology Solutions Corporation (NASDAQ: CTSH) concerning whether a series of statements by Cognizant Technology Solutions Corporation regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 30, 2016, Cognizant disclosed that it was conducting an internal investigation into whether some payments in India violated the U.S. Foreign Corrupt Practices Act and that it's President resigned.
Following this news, NASDAQ: CTSH fell over 13% to close at $47.71 per share on September 30, 2016.
Based in Teaneck, New Jersey, and founded in 1998 Cognizant Technology Solutions Corporation provides information technology, consulting, and business process services globally.
If you purchased shares of Cognizant Technology Solutions Corporation (NASDAQ: CTSH) on or before September 30, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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