Mumbai, Aug. 27 -- HDFC Bank has been sued in the US by investors who allege the bank violated US securities laws, causing them losses, and are seeking compensation. The lawsuit escalates a controversy that had until now involved probes by multiple US law firms into the bank's disclosures and governance practices. Jwalant Natvarlal Soneji, an HDFC Bank investor, filed a securities fraud class-action complaint on August 13 in the US District Court for the Southern District of New York against the bank. The complaint seeks to represent investors who bought or acquired HDFC securities between July 17, 2023 and May 26, 2026. In the lawsuit, the plaintiff alleged the bank made materially false or misleading statements and failed to disclose adve...