Lead Plaintiffs Named In Securities MDL V. Satyam

Law360, New York (May 12, 2009, 12:00 AM EDT) -- A judge has appointed lead plaintiffs and lead counsel in multidistrict securities litigation against Indian outsourcing company Satyam Computer Services Ltd. launched after the company's founder admitted to a massive accounting fraud in January.

Judge Barbara Jones of the U.S. District Court for the Southern District of New York on Tuesday appointed the Mississippi Public Employees Retirement System; the Mineworkers Pension Fund; Norwegian investment fund manager Skagen A/S; and Sampension KP Livsforsikring A/S, a Danish company that specializes in managing pension funds, to serve as co-lead...
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