US law firms initiate investigation against Infosys on behalf of investors


Four US law firms have said they are investigating potential claims on behalf of Infosys investors on whether the company and some of its officials and directors have violated federal securities laws. The development comes a day after the IT major, which is also listed in the US, saw its CEO Vishal Sikka resign citing slander by founders, led by NR Narayana Murthy. The US law firms are: Bronstein, Gewirtz & Grossman; Rosen Law Firm; Pomerantz Law Firm and Goldberg Law PC. The first non-founder CEO of Infosys, Sikka had the company’s support but was forced to leave following what…

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