Infosys stock slides after Indian company says SEC has launched a probe of whistleblower complaints

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Infosys stock slides after SEC launches whistleblower investigation of company

Indian IT and outsourcing company Infosys Ltd.

said Thursday that the U.S. Securities and Exchange Commission has launched an investigation into allegations made in whistleblower complaints that accused senior executives of unethical practices. In a regulatory filing, the company said it will cooperate with the SEC's probe. The Indian regulator, Securities and Exchange Board of India, or SEBI, has also requested information from the company regarding the complaints, which were made anonymously, the company said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The whole company is a scummy scam.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines