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
Other Compliance Related Undertaking
Cooperate fully with the Commission in any and all investigations, litigations or other proceedings relating to or arising from the matters described in the Order.
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:
