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Rediff.com India defends securities fraud class action lawsuit

2008

Client(s) Rediff.com India Ltd.

Jones Day represented Rediff.com and certain of its officers and directors in a securities fraud class action lawsuit alleging violations of the 1933 and 1934 Acts in connection with brokerage commissions allegedly earned by the underwriters on Rediff's ADS offering in the U.S. (the "IPO Laddering" litigation).

In re IPO Securities Litigation, 21 MC 92 (SAS) (S.D.N.Y.)

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