SEC and Adanis ask US court for more time and reshuffle submissions in fraud case

Published on 24 April 2026

A new filing calendar could delay key investor claims

The US Securities and Exchange Commission and Gautam Adani and Sagar Adani have jointly requested more time in a US court, proposing a revised schedule for major submissions in a civil securities case. The SEC sued in November 2024, alleging investor misrepresentation. The Adanis deny wrongdoing and are pushing to dismiss the fraud suit.

SEC and the Adanis jointly sought an extension in US court
They proposed a revised timetable for key legal submissions
SEC alleges investor misled in filings tied to its suit
Adanis deny the allegations and seek dismissal of the case

#investor protection #sec #adani #us court #securities fraud

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

SEC and Adanis ask US court for more time and reshuffle submissions in fraud case

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