Infosys ( (INFY) ) has provided an update.
Infosys Limited has announced a proposed settlement of all class action lawsuits related to the McCamish cyber incident, as disclosed in a report submitted to the United States Securities and Exchange Commission. This development, dated March 14, 2025, marks a significant step in resolving legal challenges stemming from the incident, potentially stabilizing the company’s operations and reassuring stakeholders about its commitment to addressing cybersecurity issues.
More about Infosys
Infosys Limited is a global leader in technology services and consulting, headquartered in Bengaluru, India. The company provides a wide range of services including IT consulting, software development, and business process management, with a strong focus on digital transformation and innovation for various industries.
YTD Price Performance: -18.66%
Average Trading Volume: 9,881,289
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $75.43B
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