Unethical practices at Infosys? SEC opens probe
By 
Jaclyn Jaeger2019-10-25T18:08:00
The SEC has launched an investigation into Infosys based on an anonymous letter the agency received from several Infosys employees alleging CEO Salil Parekh forced them to engage in “disturbing unethical practices.”
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
Blog
Another Infosys chief compliance officer abruptly departs
Infosys Limited announced that David Kennedy, general counsel and chief compliance officer, and the company have mutually agreed that Kennedy’s employment with the India-based software giant will cease on Dec. 31, 2016.
-
Blog
Ousted Infosys Compliance Chief Joins Tata Steel
Image: Tata Steel has appointed Parvatheesam Kanchinadham, the ousted chief risk and compliance officer of Indian software giant Infosys, as company secretary and compliance officer. Kanchinadham, who joined Infosys in 2003, resigned last year after an ethics investigation found that he had made gender-insensitive comments to female employees. Details inside.
-
ArticleDOJ makes good on corporate-friendly enforcement policy with Balt resolution
The ink was barely dry on the U.S. Department of Justice’s new corporate enforcement policy (CEP) when the agency announced it would not prosecute Balt SAS for alleged bribery violations.
More from Regulatory Enforcement
-
ArticleBoA settles class-action related to its dealings with Jeffrey Epstein
Bank of America has agreed to settle a class-action lawsuit alleging know-your-customer and other failings in its dealings with convicted sex offender Jeffrey Epstein.
-
News BriefSEC’s Uyeda: ‘Enforcement is the wrong way’ to handle off-channel communications
The U.S. Securities and Exchange Commission’s Mark Uyeda told an audience of investment advisers that the SEC will no longer prioritize stand-alone enforcement actions for violations of the SEC’s rules on off-channel communications.
-
News BriefAdobe agrees to $150M settlement over alleged cancellation fee violations
Adobe agreed to a $150 million settlement with the U.S. Department of Justice over accusations that it concealed software termination fees and made it difficult for customers to cancel.