---
schema_version: "secwatch.filing_event.v1"
accession: "0001058290-26-000025"
form_type: "8-K"
ticker: "CTSH"
cik: "0001058290"
company_name: "COGNIZANT TECHNOLOGY SOLUTIONS CORP"
filed_at: "2026-07-10T21:13:29+00:00"
generated_at: "2026-07-10T21:16:04.518218+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Cognizant reaches $5.5M settlement in stockholder derivative action

## Summary
- Settlement requires insurers to pay $5.5M to Cognizant, net of court-approved fees.
- Attorneys' fees capped at $1.83M (33% of fund); service award up to $15K.
- Derivative action alleged breach of fiduciary duty, FCPA violations, and excessive stock repurchases.
- Court hearing for final approval set for September 14, 2026.
- Defendants deny all wrongdoing; settlement includes no admission of liability.

## SEC filing metadata
- accession: 0001058290-26-000025
- form_type: 8-K
- ticker: CTSH
- cik: 0001058290
- company_name: COGNIZANT TECHNOLOGY SOLUTIONS CORP
- filed_at: 2026-07-10T21:13:29+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058290/000105829026000025/0001058290-26-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058290/000105829026000025/ctsh-20260630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001058290-26-000025
- JSON: https://secwatch.observer/filing/0001058290-26-000025.json
- Plain text: https://secwatch.observer/filing/0001058290-26-000025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.