Infosys Limited

Practice Area: 
Stock Symbol: 
INFY
Case Status: 
Investigations

Ademi & O’Reilly, LLP is investigating possible securities fraud claims against Infosys (NYSE: INFY) resulting from inaccurate statements Infosys made regarding its internal controls, business practices, financial statements and prospects.

The investigation focuses on whether Infosys issued false and misleading statements regarding its internal controls, business practices and prospects.  Specifically, whistleblower complaints have been sent to the Securities and Exchange Commission alleging that Infosys’ financial statements were being manipulated as Infosys did recognize certain costs, and suffered from revenue recognition irregularities in large deal contracts and large deal approval irregularities, among others accusations.