Virtusa Corporation (Baring Private Equity Asia/EQTaffiliated takeprivate 2021 USD 2 billion, formerly Nasdaqlisted), US/Indian major IT services consulting, has faced sustained class actions over the contested 2021 USD 2 billion Baring/EQT takeprivate affecting US institutional minority shareholders, plus periodic class actions over alleged inadequate disclosure of US/Indian IT services customer demand normalization affecting institutional creditor governance complexity.