Defendant Name: Cognizant Technology Solutions Corporation 

Defendant Type: Public Company
SIC Code: 7370
CUSIP: 19244610

Initial Case Details

Legal Case Name In the Matter of Cognizant Technology Solutions Corporation
First Document Date 15-Feb-2019
Initial Filing Format Administrative Action
File Number 3-19000
Allegation Type Foreign Corrupt Practices Act
AAER 4021

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
• Sec 30A

Resolutions

First Resolution Date 15-Feb-2019
Headline Total Penalty and Disgorgement $44,167,368

Related Documents:

34-85149 15-Feb-2019 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On February 15, 2019, the SEC issued an order against Cognizant Technology Solutions Corporation stating: "These proceedings arise from violations of the antibribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act of 1977."
2019-12_3-19000 15-Feb-2019 Press Release--Administrative Proceeding
SEC Charges Cognizant and Two Former Executives With FCPA Violations
On February 15, 2019, the SEC stated that: "Cognizant Technology Solutions Corporation has agreed to pay $25 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA), and two of the company's former executives were charged for their roles in facilitating the payment of millions of dollars in a bribe to an Indian government official."

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