Published: January 20, 2009
Saxena White P.A. Has Filed a Securities Fraud Class Action Suit Against Satyam Computer Services Ltd. in the Southern District of New York

Notice is hereby given that Saxena White
P.A. has filed suit on behalf of shareholders of Satyam Computer Service
Ltd. ("Satyam" or the "Company") (NYSE: SAY) in the United States District
Court for the Southern District of New York.
The complaint seeks damages for violations of federal securities laws on
behalf of all investors who purchased Satyam Computer Services Ltd.
American Depository Shares (ADS's) and/or common stock between January 6,
2004 through January 6, 2009, inclusive (the "Class Period"). Satyam is a
global consulting and information services company.
Throughout the Class Period, defendants issued false and misleading
financial information about the Company and perpetrated a financial fraud
that is being called the "Enron of India." On January 7, 2009, the
Company's former Chairman, B. Ramalinga Raju, issued a letter to the
Company's board of directors acknowledging a multi-year fraud in which
Satyam's financial accounts and disclosures were systematically falsified,
its profits overstated and its liability understated. Raju admitted to
having inflated the amount of cash on the Company's balance sheet by nearly
$1 billion. The top executives have been arrested by Indian authorities,
and new auditors have been hired to review the company's books. A large
accounting restatement is expected after the review is complete.
You may obtain a copy of the complaint from the Court, by contacting Saxena
White P.A. through its website www.saxenawhite.com, by emailing
msaxena@saxenawhite.com or gstone@saxenawhite.com, or by calling (561)
394-3399.
If you acquired the American Depository Shares of Satyam between January 6,
2004 and January 6, 2009, inclusive, you may wish to contact Maya Saxena or
Greg Stone at Saxena White P.A. to discuss your rights and interests:
If you wish to apply to be the lead plaintiff in this action, a motion on
your behalf must be filed with the court no later than March 7, 2009. You
may contact Saxena White P.A. to discuss your rights regarding the
appointment of lead plaintiff and your interest in the class action.
Please note that you may also retain counsel of your choice and need not
take any action at this time to be a class member.
Saxena White P.A, which has offices in Boca Raton and Boston, specializes
in prosecuting securities fraud and complex class actions on behalf of
institutions and individuals. Currently serving as lead counsel in
numerous securities fraud class actions nationwide, the firm has recovered
millions of dollars on behalf of injured investors and is active in major
litigation pending in federal and state courts throughout the United
States.
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