Chancery rejects offer to block New York law firm overbilling lawsuit

By Rose Krebs (March 25, 2022, 4:35 p.m. EDT) — A Delaware vice chancellor on Friday rejected an offer to block a lawsuit filed by Cognizant Technology Solutions Corp. in federal court in New York for alleged fraudulent billing by a law firm, stating that the court must determine whether this is an appropriate forum to review Cognizant’s fraud allegations.

In a 15-page memorandum, Vice Chancellor Lori W. Will denied former Cognizant officer Steven E. Schwartz’s motion for an anti-suit injunction and also denied his request to hold the tech consulting firm information in defiance of a previous order of the Chancery Court dealing with the legal costs advanced to him.

“It’s settled…

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