NEW YORK, Oct. 11, 2016 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of Cognizant Technology Solutions Corporation securities (NASDAQ: CTSH) from February 25, 2016 through September 30, 2016, both dates inclusive (the "Class Period") of the important December 5, 2016 deadline in the class action filed by the firm. The lawsuit seeks the recovery of investor losses.

https://photos.prnewswire.com/prnvar/20160907/405060LOGO

To join the Cognizant class action, go to the website at http://www.rosenlegal.com/cases-959.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) Cognizant lacked effective internal controls over financial reporting; (2) certain improper payments were for permits and building licenses for some of its 12 facilities in India; and (3) as a result, defendants' statements about Cognizant's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damage.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 5, 2016. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-959.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com. Attorney Advertising. Prior results do not guarantee a similar outcome.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34(th) Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Logo - http://photos.prnewswire.com/prnh/20160907/405060LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/investor-loss-notice-rosen-law-firm-reminds-cognizant-technology-solutions-corporation-investors-of-important-deadline-in-class-action-filed-by-firm---ctsh-300342806.html

SOURCE Rosen Law Firm, P.A.