US DOJ
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The Encyclopædia of Indian Retail — revised every hour
0 mentions · last seen 6/5/2026
The US Justice Department has permanently closed its securities and wire fraud case against Gautam and Sagar Adani. Combined with SEC and OFAC settlements, the move removes a key legal cloud over Adani Group's global ambitions and its consumer and retail-facing businesses.
The Hindu BusinessLine · 5/18/2026, 5:54:24 PM
Justice Department dismissed criminal charges against Gautam and Sagar Adani with prejudice, following SEC ($18M) and OFAC ($275M) settlements. Resolution removes a major overhang on the Adani conglomerate's retail expansion, capital raising, and partnership plans across India.
CNBC-TV18 · Companies · 5/18/2026, 5:34:00 PM
Gautam Adani to pay $6M and Sagar Adani $12M without admitting guilt under proposed SEC settlement covering 2020-2024 allegations. Parallel DOJ criminal case may also be dropped, removing a major overhang on the conglomerate's retail, ports and infrastructure arms and easing access to global capital markets.
The Hindu BusinessLine · 5/15/2026, 2:59:30 PM
DOJ moves to drop fraud charges against Gautam Adani as SEC settles parallel civil case. Experts say overhang lifts, paving way for global debt and equity flows. Adani Enterprises +12% over 5 sessions, Adani Green +7%, Adani Power +4%.
NDTV Profit · 5/15/2026, 5:38:05 AM