‘Inactionable puffery’, personal jurisdiction, SEC remit: Why Adani lawyers want US bribery case dismissed | Company Business News

Sagar Adani, who is an executive director at Adani Green Energy and was part of the management committee meetings, did not direct any sale of the said bonds in the US, the lawyers argued. All the bonds were sold to non-US underwriters by Adani Green Energy, who later sold a part of these bonds to US investors. The company was not part of the secondary transactions in selling to Americans, they said.