Infosys McCamish Settles US Class Action Lawsuits for $17.5 Million
Infosys Limited has announced the final approval of a settlement for class action lawsuits filed in the United States against Infosys McCamish Systems LLC (“McCamish”) and some of its customers. The s...
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Why is Infosys Limited in the news today?
Infosys Limited (INFY) is in the news due to the settlement resolves ongoing litigation, which is a positive step. however, the payment of $17.5 million represents a cost to the company, and the resolution comes without admission of liability, indicating a neutral outcome.
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Infosys McCamish Settles US Class Action Lawsuits for $17.5 Million
December 20, 2025, 03:46 AM
Infosys Limited has announced the final approval of a settlement for class action lawsuits filed in the United States against Infosys McCamish Systems LLC (“McCamish”) and some of its customers. The settlement, which resolves all allegations without admission of liability, was granted final approval by the court on December 18, 2025.
An agreement in principle was reached on March 13, 2025, following mediation between McCamish and the plaintiffs. Under the proposed settlement terms, McCamish has agreed to pay $17.5 million (approximately ₹145.9 crore) into a settlement fund.
The settlement will become effective if it is not appealed within 30 days of the court's approval. This announcement follows previous updates provided in financial statements regarding these lawsuits.
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