Conduent agreed in principle in 2026 to settle consolidated U.S. litigation tied to its January 2025 Cybersecurity incident, while court approval and final paperwork remain pending. The company says cyber insurance is in place and expects no material effect on its financial position, operations or cash flows, which limits the stated financial exposure for investors.

Key Highlights

  • Conduent denies the plaintiffs’ allegations and says it has strong defenses against the claims.
  • Conduent agreed in principle in 2026 to resolve consolidated U.S. litigation connected to its January 2025 cybersecurity incident.
  • A joint status report submitted on September 10 disclosed the agreement, but settlement paperwork has not been completed.
  • The settlement requires court approval, and Conduent maintains cyber insurance.

Conduent Inc. (NASDAQ: CNDT) agreed in principle in 2026 to resolve consolidated U.S. litigation connected to its January 2025 cybersecurity incident.

Consolidated Litigation Awaits Court Approval

Conduent Incorporated and Conduent Business Services, LLC are parties to the consolidated case. The companies reject the plaintiffs’ allegations and maintain that they have strong defenses. The agreement in principle was reached to avoid the costs and burdens of continued litigation. A joint status report submitted to the court on September 10 disclosed the agreement. Settlement paperwork has not been completed, and the settlement agreement has not received court approval. The timing of any final approval depends on factors outside Conduent’s control and cannot be predicted with certainty. Conduent maintains cyber insurance.