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SEC and Adani seek more time in NY securities fraud case.
The U.S. Securities and Exchange Commission and Indian businessman Gautam Adani have jointly asked a New York federal court for more time to file legal submissions in a civil securities case.
The SEC alleges the Adanis misled investors by failing to disclose a bribery scheme, but the defendants argue the case lacks jurisdiction and should be dismissed.
A new timeline would set the motion to dismiss deadline for June 8.
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SEC y Adani buscan más tiempo en un caso de fraude de valores de Nueva York.