Infosys Settles Lawsuits Against US Unit

Infosys settles lawsuits against US unit over cyber incident for $17.5 million
Indian IT services provider Infosys on Friday said it had reached an agreement with the plaintiffs of lawsuits pending against its U.S. unit over the 2023 cyber incident. Infosys McCamish Systems has agreed to pay $17.
Infosys to pay $17.5 million to settle data breach case in BPM unit
McCamish, bought by Infosys BPM in 2009, is a platform-based BPO firm that provides life insurance and retirement software solutions and service offerings in the US
Infosys agrees to pay $17.5 million to settle lawsuits over McCamish cyber incident
The Bengaluru-based firm said the proposed deal would settle all the pending class action lawsuits and resolve all allegations made in this matter
Infosys reports agreement in principle to settle McCamish class action suits
Infosys (INFY) stated in a notice to the Stock Exchange of India: “In continuation to our statement dated November 3, 2023 and subsequent
Infosys reaches $17.5 million settlement for McCamish cyber incident lawsuits
IT services major Infosys Ltd on Friday (March 14) said its subsidiary Infosys McCamish Systems LLC has reached an agreement in principle to settle six class action lawsuits in the United States related to a cyber incident reported in November 2023.
Infosys To Pay Whopping Rs 145 Crore To Settle Lawsuits In McCamish Cyber Security Incident
Tech giant Infosys, on Friday said that the company has agreed to pay a whopping $17.5 million to settle the lawsuits pertaining to the McCamish cyber security incident. In a statement on exchanges, Infosys said that Infosys McCamish Systems (IMS),
Infosys CTO Reveals How To Be An AI-First Company
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IT titans at war: Cognizant denies slow-roll plot by its CEO to hurt Infosys
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Maximum stakeholder in Infosys is not Narayana Murthy, Sudha Murty, Rohan Murty, Akshata Murty, Nandan Nilenkani but it is…
Together, institutional and promoter stakeholders reflect the robust and balanced ownership structure of Infosys.
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Narayana Murthy’s change of heart? After 70-hour work week backlash, Infosys founder endorses ‘compassionate capitalism’
Murthy also advocated for a fair distribution of corporate profits among all employees, underscoring the necessity of ...
Reliance, Infosys to SBI — 75 large-cap stocks in bear grip as market selloff deepens
Indian large-cap stocks have shown resilience in recent weeks, even as U.S. markets remain under sustained pressure. However, ...
Narayana Murthy’s Infosys issues work-from-office mandate for employees, says failure to comply will trigger…
Narayana Murthy-led Infosys, India's largest IT services firm, has issued a new work-from-office (WFO) mandate for its ...
Infosys expands collaboration with Citizens
Infosys (INFY) announced the expansion of its long-standing strategic collaboration with Citizens. Citizens will leverage Infosys’ domain ...
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Infosys dividend 2025, Q4 results FY25 date: IT company's quarterly earnings announcement schedule
The company on Friday announced that its board of directors will meet next month to consider and approve the quarterly ...