Conduent reaches agreement in principle to settle data breach class action

CONDUENT Inc

Agreement in principle reached in August 2026 to settle consolidated data breach litigation in U.S. District Court, District of New Jersey.
Settlement paperwork not finalized; court approval pending; timing uncertain.
Company denies allegations and asserts strong defenses; settling to avoid litigation costs.
Maintains cyber insurance; does not expect material impact on financial position, results, or cash flows.
Lawsuits stem from January 2025 cybersecurity incident affecting personal information.

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