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Browse: Home / 2009 / September / 21 / Satyam Seeks to Bring in Jones Day for Investor Lawsuits

Satyam Seeks to Bring in Jones Day for Investor Lawsuits

By Securities Docket on September 21, 2009, 3:19 pm

satyam230On Friday, Satyam Computer Services Ltd asked U.S. District Judge Barbara Jones (SDNY) to let Jones Day replace Wachtell Lipton Rosen and Katz as the law firm defending it against investor lawsuits in the US.

Bloomberg reports that Jayant Tambe, a Jones Day partner, made the request on behalf of Satyam. “The substitution is on consent,” Tambe wrote in the motion. “Satyam wishes to substitute Jones Day for Wachtell.” Read the Bloomberg article.

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Posted in Global | Tagged Financial Fraud, Lawyers

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