US DOJ Moves To Dismiss Adani Case With Prejudice, Citing Jurisdiction Gaps
The DOJ's 10-page filing seeks dismissal of the 2024 criminal case against Gautam Adani and 7 others, citing lack of jurisdiction and no investor losses. Analysts expect a measured market reaction as the development was largely priced in, with implications for capital flows into Adani's retail arm.
US DOJ seeks dismissal with prejudice of criminal case against Gautam Adani and others, citing lack of jurisdiction and no investor losses. Analysts expect measured market reaction as investors already priced in the development; relevant to Adani's retail arm capital flows.