LOS ANGELES, Sept. 28, 2020 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired HDFC Bank Limited (“HDFC Bank” or the “Company”) (NYSE: HDB) securities between July 31, 2019 and July 10, 2020, inclusive (the “Class Period”). HDFC Bank investors have until November 2, 2020 to file a lead plaintiff motion.
If you are a shareholder who suffered a loss, click here to participate.
On July 13, 2020, media reported that HDFC Bank had “conducted a probe into allegations of improper lending practices and conflicts of interests in its vehicle-financing operations involving the unit’s former head.”
On this news, HDFC Bank’s American depositary receipt price fell $1.37 per share, or nearly 3%, to close at $47.02 per share on July
The Daily Beast
The Kid Who Masterminded El Chapo’s Secret Phone Network
It came in off the street one day—a tip, a lead, a rumor—whatever you cared to call it, it was one of the strangest things they had heard in their careers. Chapo Guzmán, the world-famous drug lord, had hired a young IT guy and the kid had built him a sophisticated system of high-end cell phones and secret servers, all of it ingeniously encrypted.The unconfirmed report—perhaps that was the best way to describe it—had arrived that Friday in June 2009 when a tipster walked into the lobby of the FBI’s field division office in New York. After his story had been vetted downstairs, it made its way up seven flights of stairs and landed with a curious thud among the crowded cubicles of C-23, the Latin American drug squad. For more than thirty years, the elite team of