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US court dismisses class action lawsuit filed against IT major Infosys

Whistleblower complaints alleging certain unethical practices by the top management emerged in October last year

Infosys
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After receiving the whistleblower complaint, Infosys had started an internal probe into the matter and roped in external investigators.

Press Trust of India
Infosys on Friday said a class-action lawsuit filed against the company and some of its employees in the US District Court has been dismissed.

The move comes after whistleblower complaints alleging certain unethical practices by the top management emerged in October last year.

Infosys had disclosed that it had received whistleblower complaints alleging certain unethical practices by the top management. US market regulator Securities and Exchange Commission (SEC) had also investigated the matter.

"The complaint, which was filed in the Eastern District of New York, was brought on behalf of a class consisting of persons or entities who purchased the