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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in HDFC Bank Limited of Class Action Lawsuit and Upcoming Deadline - HDB

NEW YORK, Oct. 17, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against HDFC Bank LimitedA ("HDFC or the "Company") (NYSE: HDB) and certain of its officers.A  The class action, filed in United States District Court for the Eastern District of New York, and docketed under 20-cv-04140, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise,A acquired HDFC Bank securities between July 31, 2019, and July 10, 2020, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Bank and certain of its top officials.If you are a shareholder who purchased HDFC securities during the class period, you have until November 2, 2020, to ask the Court to appoint you as Lead Plaintiff for the class.A  A copy of the Complaint can be obtained at www.pomerantzlaw.com. A  To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.comA or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.A  [Click here for information about joining the class action]A HDFC Bank was founded in 1994 and is based in Mumbai, India.A  The Bank provides various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai.HDFC Bank operates in Treasury, Retail Banking, Wholesale Banking, Other Banking Business, and Unallocated segments, offering, among other services, various types of loans to millions of its retail borrowers, including personal and vehicle financing loans.
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