Ex-Satyam Directors Try To Escape Investor Fraud Suit

Law360, New York (November 18, 2009, 1:38 PM EST) -- So-called father of the Pentium microprocessor Vinod K. Dham and Harvard University professor Krishna G. Palepu are among the former directors of Satyam Computer Services Ltd. trying to shake a consolidated class action accusing them of being involved in the $1 billion accounting fraud at the company.

On Monday, the director defendants urged Judge Barbara S. Jones of the U.S. District Court for the Southern District of New York to let the former board members exit the multidistrict litigation, saying the allegations are too conclusory and...
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