IN RE SATYAM COMP. SERVICES LTD. SECURITIES LIT.

No. 09 MD 2027(BSJ).

915 F.Supp.2d 450 (2013)

In re SATYAM COMPUTER SERVICES LTD. SECURITIES LITIGATION.

United States District Court, S.D. New York.

January 2, 2013.


Attorney(s) appearing for the Case

Gerald S. Ohn , Joseph W. Cotchett , Mark Cotton Molumphy , Cotchett, Pitre & McCarthy, Burlingame, CA, Heather Maria Tashman, William E. Mahoney, Jr. , Stradley, Ronon, Stevens & Young LLP, Philadelphia, PA, Joseph Thomas Kelleher , Keith R. Dutill , Neal Robert Troum , Stradley, Ronon, Stevens & Young, LLP, Malvern, PA, William Bernard Federman , Federman & Sherwood, Oklahoma City, OK, Christopher L. Nelson , Darren J. Check , David Kessler , Joshua E. D'Ancona , Neena Verma , Sean M. Handler , Sharan Nirmul , Benjamin Jay Hinerfeld , Kessler Topaz Meltzer & Check, LLP, Radnor, PA, Mary Sikra Thomas , Grant & Eisenhofer, PA, Wilmington, DE, Murielle Jacqueline Steven , Marc Ian Gross , Pomerantz Haudek Block Grossman & Gross LLP, Joseph Gentile , Ronen Sarraf , Sarraf Gentile LLP, Robert I. Harwood , Samuel Kenneth Rosen , Harwood Feffer LLP, Keith Martin Fleischman , The Fleischman Law Firm, Deborah A. Elman , Grant & Eisenhofer P.A., Michael Howard Rogers , Alan Ian Ellman , Christopher J. Keller , Felicia Yvonne Mann , Louis Gottlieb , Stefanie Jill Sundel , Labaton Sucharow, LLP, Michael Petrusic , Steven B. Singer , Bernstein Litowitz Berger & Grossmann LLP, Ralph M. Stone , Stone Bonner & Rocco LLP, New York, NY, for Plaintiffs.

Stuart A. Mack , Stuart Mack, Esq. , Rohit Sabharwal , Sabharwal & Associates, Fraser Lee Hunter, Jr. , Wilmer, Cutler, Hale & Dorr, L.L.P., Irwin Howard Warren , Weil, Gotshal & Manges LLP, Jeffrey S. Jacobson , Debevoise & Plimpton, LLP, New York, NY, Charu Ambat Chandrasekhar , Wilmer Cutler Pickering Hale & Dorr, L.L.P., Washington, DC, Gordon C. Atkinson , Nicole Lutes Fuentes , Cooley Godward Kronish LLP, San Francisco, CA, Brian James Massengill , Dana S. Douglas , Michele Odorizzi , Stanley J. Parzen , Mayer Brown LLP, Chicago, IL, Iddo Harel , John C. Goodchild, III , Morgan Lewis & Bockius LLP, Philadelphia, PA, for Defendants.


Opinion and Order

BARBARA S. JONES, District Judge.

This case arises out of a massive fraud at Satyam Computer Services Ltd. ("Satyam" or the "Company"), involving thousands of forged invoices, business contracts and bank statements, dual sets of account books, and SEC filings overstating the Company's assets by a total of more than $1 billion. Before the Court are motions to dismiss two related complaints. The first is a consolidated class action...

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