LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Infosys Limited (“Infosys” or the “Company”) (NYSE: INFY) investors for allegedly issuing false and/or misleading information to Infosys investors. To obtain information or aid in the investigation, please visit the Infosys investigation page on our website www.glancylaw.com/case/infosys-limited.
The investigation concerns whether Infosys and certain of its officers and/or directors violated federal securities laws. On August 18, 2017, Infosys announced the resignation of its Chief Executive Officer, Vishal Sikka. Mr. Sikka’s resignation comes amid criticism by Infosys’ founders of decisions by Infosys’ board, including executive compensation and severance payouts. Sikka’s resignation letter stated: “Over the last many months and quarters, we have all been besieged by false, baseless, malicious and increasingly personal attacks…This continuous drumbeat of distractions and negativity…inhibits our ability to make positive change and stay focused on value creation.” On this news, Infosys’ share price fell more than 7% on August 18, 2017.
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If you purchased Infosys securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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