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Securities Class Actions to Come to India?

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I’m on vacation until the end of next week, so the posts here at CAB may be sparse and short over the next 10 days or so, but here is a short news item that caught my eye.  According to this article from the Hindu Times, the Indian Parliament is considering a bill that would allow U.S.-style class actions in securities fraud cases in India.

http://www.hindu.com/thehindu/holnus/006200907261411.htm



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