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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Cognizant Technology Solutions Corporation | NASDAQ:CTSH | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.02 | -0.03% | 66.25 | 62.20 | 67.52 | 67.27 | 66.16 | 66.68 | 7,399,746 | 05:00:05 |
From May 2019 to May 2024
NEW ORLEANS, Oct. 21, 2016 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until December 5, 2016 to file lead plaintiff applications in a securities class action lawsuit against Cognizant Technology Solutions Corporation (NasdaqGS: CTSH), if they purchased the Company's securities between February 25, 2016 and September 30, 2016, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of New Jersey.
What You May Do
If you purchased shares of Cognizant and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by December 5, 2016.
About the Lawsuit
Cognizant and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On September 30, 2016, Cognizant revealed that it "is conducting an internal investigation into whether certain payments relating to facilities in India were made improperly and in possible violation of the U.S. Foreign Corrupt Practices Act and other applicable laws." Cognizant further announced the resignation of the Company's President, Gordon Coburn.
On this news, the price of Cognizant's shares plummeted.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
Logo - http://photos.prnewswire.com/prnh/20160819/399590LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cognizant-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick--foti-llc-reminds-investors-with-losses-in-excess-of-100000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against-cognizant-technology-solutions-300348415.html
SOURCE Kahn Swick & Foti, LLC
Copyright 2016 PR Newswire
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