Infosys Addresses ADR Surge, Reveals US Court Case Settlement
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CNBC Awaaz20-12-2025, 09:48

Infosys Addresses ADR Surge, Reveals US Court Case Settlement

  • Infosys ADRs experienced over 40% surge and trading halts on NYSE on December 19, 2025.
  • Company clarified no material developments requiring SEBI disclosure, aiming for transparency.
  • Infosys McCamish Systems LLC reached a $17.5 million settlement in a US class action lawsuit.
  • US court granted final approval for the settlement on December 18, 2025.
  • Settlement becomes effective and charges dismissed if no appeal within 30 days.

Why It Matters: Infosys clarifies ADR volatility and announces a $17.5 million US court case settlement.

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