Defendant Name:
Cognizant Technology Solutions Corporation
Defendant Type:
Public Company
SIC Code:
7370
CUSIP:
19244610
Document Reference:
34-85149
Document Details
Legal Case Name
In the Matter of Cognizant Technology Solutions Corporation
Document Name
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
Document Date
15-Feb-2019
Document Format
Administrative Proceeding
AAER
4021
Allegation Type
Foreign Corrupt Practices Act
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Undertaking to Cooperate in Related Action
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Disgorgement
Individual:
$16,394,351.00
Shared:
Civil Penalty
Individual:
$6,000,000.00
Shared:
Pre-Judgment Interest
Individual:
$2,773,017.00
Shared:
