Legal Opinion
In re Satyam Computer Services Ltd. Securities Litigation
District Court, S.D. New York
Decided January 2, 2013No. 09 MD 2027(BSJ)PublishedCited by 21 opinions
1Opinion of the Court
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 against Satyam, certain officers and outside directors, the Company’s outside auditors, and other entities, alleging violations of sections 10(b)…
2Cases cited63 opinions
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- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
- Tellabs, Inc. v. Makor Issues & Rights, Ltd.Supreme Court of the United States · 2007
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3Cited by21 opinions
- Glickenhaus & Company v. Household International, Inc.Court of Appeals for the Seventh Circuit · 2015
- City of Almaty v. AblyazovDistrict Court, S.D. New York · 2017
- Special Situations Fund III QP, L.P. v. Deloitte Touche Tohmatsu CPA, Ltd.District Court, S.D. New York · 2014
- In re Braskem S.A. Securities LitigationDistrict Court, S.D. New York · 2017
- Wallert v. AtlanDistrict Court, S.D. New York · 2015
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