Why Infosys Stock Fell 14.9% in October [The Motley Fool]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: The Motley Fool
Why Infosys Stock Fell 14.9% in October Keith Noonan (TMFNoons) Author Bio Keith Noonan covers technology, entertainment, and other fields. What happened Shares of Infosys NYSE:INFY Global Market Intelligence Infosys announced on Oct. that it had received information from anonymous employees at the company that its CEO and CFO had engaged in reporting practices that violated federal securities standards. The complaints allege that the executives had taken steps to improve the appearance of Infosys's short-term sales and profits. Image source: Getty Images. So what Infosys announced on Oct. that it was conducting an internal review and had hired law firm Shardul Amarchand Mangaldas & Co. to look into the matter. Atlanta-based law firm Holzer & Holzer also revealed that it was conducting investigations related to the reporting matters and was seeking shareholders who had suffered a loss on their investment in the stock. According to Benjamin Parkin in the Financial Times On Oct. , In
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News
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INFY
Earnings
- 4/19/24 - Beat
INFY
Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/2/24 - Form 6-K
- INFY's page on the SEC website