NEW YORK, Sept. 30, 2016 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Cognizant Technology Solutions Corporation (NASDAQ: CTSH) resulting from allegations that Cognizant may have issued materially misleading business information to the investing public.
On September 30, 2016, Cognizant revealed that it was conducting an internal investigation into whether some payments in India violated the U.S. Foreign Corrupt Practices Act. Cognizant also disclosed that its president had resigned. On this news, shares of Cognizant fell sharply during intraday trading on September 30, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Cognizant investors. If you purchased shares of Cognizant on or before September 29, 2016, please visit the firm's website at http://www.rosenlegal.com/cases-959.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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SOURCE Rosen Law Firm, P.A.