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BSE SENSEX
73,829.50
-509.94
-0.69 %
Corporate Announcement
Security Code
500209
Company
INFOSYS LTD.
Exchange Received Time
22/05/2020 08:40:09
Exchange Disseminated Time
22/05/2020 08:40:14
Time Taken
00:00:05
Class Action Lawsuit Dismissed |
5/22/2020 8:40:10 AM
As previously announced, in October 2019, a class action lawsuit was filed in the United States District Court against the Company and certain of its current and former officers. 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 Company's publicly traded securities between July 7, 2018 and October 20, 2019, and alleged claims for violations of the US federal securities laws. On May 21, 2020, the plaintiff voluntarily dismissed the lawsuit without prejudice.
This is for your information and records. This information will also be made available on the company website www.infosys.com.
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