Markets #adani group#us court
US Judge Permanently Dismisses Securities Fraud Case Against Gautam Adani and Sagar Adani
A US federal judge permanently dismissed securities fraud counts against Adani Group chairman Gautam Adani, nephew Sagar Adani and former Adani Green CEO Vneet Jaain, approving the Justice Department's Rule 48(a) motion. The court deferred two counts — Foreign Corrupt Practices Act and obstruction — pending further government requirements. Gautam Adani said 'Truth has prevailed.'
Aug 11, 2026 1 source