Cognizant CFO Jatin Dalal Paid USD 5,05,087 by Company To Settle Wipro Case, Settlement Aimed at Resolving All Pending Dispute Between Dalal and Wipro
IT major Cognizant on Tuesday said its Chief Financial Officer Jatin Dalal reached a settlement in a lawsuit filed by his former employer giant Wipro, with Cognizant ended up paying $505,087 to Dalal to settle the lawsuit.
New Delhi, July 9: IT major Cognizant on Tuesday said its Chief Financial Officer Jatin Dalal reached a settlement in a lawsuit filed by his former employer giant Wipro, with Cognizant ended up paying $505,087 to Dalal to settle the lawsuit. The company슬롯사이트™s payment covers Dalal슬롯사이트™s settlement payment to Wipro as well as reimbursement of his legal fees.
In a filing with the US Securities and Exchange Commission (SEC), Cognizant said that the terms of the settlement, 슬롯사이트œwhich was reached without any admission of liability by either party, are confidential슬롯사이트�. 슬롯사이트œThe settlement resolves all pending disputes between Dalal and Wipro," the Teaneck-based company said in a filing.슬롯 머신 사이트 추천President Droupadi Murmu Says 슬롯사이트˜Technological Advances in Generative AI Good, but Creating Issues Like Deepfakes슬롯사이트�.
슬롯사이트œOn July 2, 2024, the Compensation and Human Capital Committee of the Board of Directors of Cognizant Technology Solutions Corporation approved the company슬롯사이트™s payment of $505,087 to Jatin Dalal, the company슬롯사이트™s Chief Financial Officer, in connection with Dalal슬롯사이트™s settlement of the lawsuit and related arbitration brought by his former employer, Wipro Limited,슬롯사이트� the SEC filing read.슬롯 머신 사이트 추천Pakistan슬롯사이트™s Spy Agency ISI Granted Permission by PM Shehbaz Sharif Cabinet To Intercept and Trace Calls, Messages for National Security.
Wipro sought to obtain damages and injunctive relief arising out of 슬롯사이트œDalal슬롯사이트™s purported breach of non-compete and confidentiality obligations under certain of Dalal슬롯사이트™s compensation agreements with Wipro by joining the company.슬롯사이트�
(The above story first appeared on LatestLY on Jul 09, 2024 06:52 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).