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Regulatory case

Inquiry concerning Infosys Limited

Authority: US Securities and Exchange Commission
Case number: Not published
Filed or opened: 2019
Organization: Infosys Limited
Current stage: Concluded in March 2020, per the company.
Outcome: Closed with no public enforcement action.

Decisions and steps

March 2020SEC notifies Infosys that it has concluded its investigation^S1^S4

Claims this case bears on

Unresolved46
Anonymous whistleblowers alleged in 2019 that Infosys's chief executive and chief financial officer used unethical practices to boost short-term revenue and profit.
Press report, 22 October 20195 records citedAccounting
Partly supported61
Infosys said in January 2020 that its investigation found the whistleblower allegations substantially without merit and found no evidence of financial impropriety or executive misconduct.
Company statement, 10 January 20204 records citedAccounting

Sources

S1Tier B Statement of Consolidated Audited Results of Infosys Limited and its subsidiaries for the quarter and year ended March 31, 2020Infosys Limited (filed with the US SEC). Company filing. Not stated on the page. Refers to board approval on 20 April 2020.Company disclosure of the investigation, the SEC closure, no restatement and the pending class action. It is the company's own account.
S4Tier C Infosys Whistleblower Case: SEC Probe Over, No Further ActionThe Quint (Press Trust of India). Press report. 24 March 2020.Reports the company's statement that the SEC concluded its inquiry. No SEC document is cited.Link working, checked 25 October 2026