US SEC, Gautam Adani jointly seek extension in bribery case

The US Securities and Exchange Commission (SEC) and Gautam Adani have jointly requested a US court for more time to file key submissions in a civil securities case. The SEC had sued Adani and his nephew Sagar in November 2024 for allegedly hiding a bribery scheme involving Indian officials, which misled investors. The Adanis had sought dismissal of the lawsuit.