Gautam Adani, Nephew Settle SEC Fraud Claims for $18 MillionMay 18, 2026Law and PolicyGautam Adani and Sagar Adani agreed to pay $18 million to settle SEC civil fraud claims tied to an alleged bribery scheme, while criminal charges remain pending in Brooklyn.
SEC Settles Adani Fraud Case for $18 Million; DOJ Moves to Drop Criminal ChargesMay 16, 2026Law and PolicyThe SEC settled civil fraud charges against Gautam Adani and Sagar Adani for $18 million as the DOJ prepares to drop parallel criminal charges filed in late 2024.