SEC, Adanis jointly seek extension; propose new briefing schedule in US case
- Posted on April 18, 2026
- By Business News Today
- 0 Views
- 1 min read
SEC, Adanis jointly seek extension; propose new briefing schedule in US case
The US Securities and Exchange Commission and Indian businessmen Gautam Adani and Sagar Adani seek more time in a US court. They have proposed a new schedule for key submissions in a civil securities case. The SEC sued the Adanis in November 2024, alleging they misled investors. The Adanis deny all allegations and seek dismissal of the fraud lawsuit.