Adani can now deny SEC allegations under amended US settlement documents
By Samuel Rubenfeld ( June 1, 2026, 15:13 GMT | Insight) -- In line with a recent policy rescission, the US Securities and Exchange Commission won’t require Indian billionaire Gautam Adani and his nephew not to deny the agency’s claims in a settlement of fraud charges, according to new court documents. The pair had agreed in May to settle US SEC allegations that they lied to investors by hiding a bribery scheme when seeking to raise capital for the Adani Group’s renewables unit.The US Securities and Exchange Commission won’t require Indian billionaire Gautam Adani and his nephew not to deny the agency’s claims in a settlement of fraud charges, according to new court documents....
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