Cognizant settles lawsuits against CFO and other execs filed by Wipro, pays $505,000 for settlement; read HR head’s statement

Cognizant Technology Solutions announced that Chief Financial Officer Jatin Dalal has settled the non-compete lawsuit filed by Wipro. Cognizant paid $505,087 to Dalal to resolve the dispute, without any admission of liability. The terms of the settlement remain confidential. Additionally, former Wipro Senior Vice President Mohammad Haque’s lawsuit has also been settled with Wipro .