Cognizant Ex-Executives Must Face Bribery Charges (Corrected)

Feb. 19, 2020, 9:31 PM UTCUpdated: Feb. 20, 2020, 6:09 PM UTC

Two former Cognizant Technology Solutions Corp. executives can’t dodge criminal charges stemming from their alleged conspiracy to pay $2 million in bribes for permission to build a facility in India, a New Jersey federal judge ruled.

Cognizant ex-president Gordon J. Coburn and the tech company’s former top lawyer, Steven E. Schwartz, face a 12-count federal indictment claiming they violated the Foreign Corrupt Practices Act, falsified company records, and skirted internal accounting controls.

The case was filed by Department of Justice prosecutors in the U.S. District Court for the District of New Jersey.

Judge Kevin McNulty gave those charges the green ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.