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Litigation Funding for Representative Shareholder Actions in India

By Paul Karlsgodt

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According to this article by Anindita Dey of the Business Standard yesterday, an Indian securities regulator has announced plans to fund a program to reimburse litigation expenses actions brought on behalf of investors for alleged illegal securities practices.  The fund would be available to a group of registered investor associations who could apply for reimbursement for legal expenses [...]

Full post as published by ClassActionBlawg on June 02, 2009 (boomark / email).

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