* Infosys says in process of resolving visa investigation
* Company reserved $35 million for settlement
By Harichandan Arakali
BANGALORE, Oct 29 (Reuters) - Indian IT firm Infosys Ltd said on Tuesday it was in the process of reaching asettlement with the U.S. government over the company's allegedmisuse of temporary business visas.
U.S. authorities have been investigating India'ssecond-largest information technology services exporter since2011.
The Wall Street Journal had earlier said that the UnitedStates was expected to announce a resolution in the case onWednesday. A resolution had yet to be finalised, Infosys said ina statement on Tuesday.
"In response to reports attributed to Justice Departmentofficials, Infosys is in the process of completing a civilresolution with the government regarding its investigation ofvisa issues and I-9 documentation errors," the company said.
I-9 forms document verification of the identity of employeesand their authorisation to work in the United States.
"The resolution has not been finalized," Infosys said.
"Infosys denies any claims of systemic visa fraud, misuse ofvisas for competitive advantage, or immigration abuse," thecompany said in an addition to its statement.
Indian IT outsourcing firms like Infosys use thousands ofvisas to bring in employees, mainly from India, a practice thathas come under intense scrutiny as it is seen by some U.S.policymakers as hurting the American job market.
Earlier this month, Infosys said it had set aside a reserveof $35 million as it worked towards a resolution for the U.S.government's investigation.