The ex-chief operating officer for Cognizant Technology Solutions Corp., a global tech services company accused of bribing government officials in India to fast-track a construction project, has reached a settlement agreement with the U.S. Securities and Exchange Commission. 

Sridhar Thiruvengadam, who worked for Cognizant for more than two decades, agreed to pay a $50,000 civil penalty and cooperate with investigators as part of a settlement offer that the SEC accepted on Sept. 13. 

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