ROSEN LAW FIRM FILES LAWSUIT AGAINST INDIAN LENDER HDFC BANK

Highlights

• According to a copy of the complaint available on the website of Rosen Law Firm, the US-based company has alleged HDFC Bank of misleading its investors, and has sought damages and a trial by jury

• HDFC Bank in the month of August had stated that the act...

HDFC BANK FACES CLASS-ACTION LAWSUIT FROM TWO U.S.-BASED LAW FIRMS

On the allegations of issuing materially misleading business information to its investors, two U.S.-based law firms have announced independent investigations to build securities-fraud class-action lawsuits against India’s largest private sector lender HDFC Bank Ltd. These two firms are Scha...