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State retirement systems dump Accenture stock as Hertz lawsuit looms

The very public lawsuit by Hertz against Indian-run and controlled outsourcer Accenture has made a lot of investors think twice about keeping assets in Accenture. The handwriting is on the wall – outsourcing companies are simply too risk, due to all their proj fails to invest in.

Teacher Retirement System of Texas Sells 114,420 Shares of Accenture