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Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Satyam Computer Services Ltd. (NYSE: SAY)
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OKLAHOMA CITY, OK -- (Marketwire) -- 01/08/09 -- On January 7, 2009, a class actionlawsuit was filed in the United States District Court for the SouthernDistrict of New York against Satyam Computer Services Ltd. (NYSE: SAY).The complaint alleges violations of federal securities laws, Sections 10(b)and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, includingallegations of issuing a series of material misrepresentations to themarket which had the effect of artificially inflating the market price.The class period is from January 6, 2004 through January 6, 2009.
Plaintiff seeks to recover damages on behalf of the Class. If you are amember of the Class as described above, you may move the Court no laterthan Monday, March 9, 2009, to serve as a lead plaintiff for the Class.However, in order to do so, you must meet certain legal requirementspursuant to the Private Securities Litigation Reform Act of 1995.
If you wish to discuss this action, participate in this or any otherlawsuit, or have any questions or concerns regarding this notice, orpreservation of your rights, please contact:
William B. FedermanFEDERMAN & SHERWOOD10205 North Pennsylvania AvenueOklahoma City, OK 73120Email to: wfederman@aol.comwww.federmanlaw.com
If you wish to discuss this action, participate in this or any otherlawsuit, or have any questions or concerns regarding this notice, orpreservation of your rights, please contact:
William B. FedermanFEDERMAN & SHERWOOD10205 North Pennsylvania AvenueOklahoma City, OK 73120Email to: wfederman@aol.comwww.federmanlaw.com
For more information, go to www.marketwire.com
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