The U.S. Department of Justice is reportedly preparing to drop federal criminal fraud charges against Indian billionaire Gautam Adani after his legal team argued that the ongoing prosecution was standing in the way of a proposed $10 billion investment in the United States. According to Reuters, the possible dismissal comes after Adani hired attorney Robert…
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, alleging that the billionaire violated federal securities laws by failing to disclose his acquisition of a significant Twitter stake within the required timeframe. The complaint, filed in Washington, D.C.’s federal court on Tuesday, centers on Musk’s delayed disclosure of surpassing the…