Infosys faces another lawsuit in US
US-based Schall Law Firm has said it will file a class action lawsuit against InfosysNSE 0.80 % Ltd to recover losses suffered by investors in the wake of allegations of “unethical practices” at the Indian IT major.
In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.
US market regulator SEC has also initiated a probe on the matter, while Rosen Law Firm had said it was preparing a class action lawsuit to recover losses suffered by Infosys investors in the US.
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