# US judge drops Adani fraud case, Bernstein says overhang eases 2026-08-08T00:03:58+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet A US judge has approved the dismissal of fraud and bribery charges against Gautam Adani after the Department of Justice said it would not pursue the case, calling it hard to prove and inconsistent with current priorities. Judge Nicholas Garaufis had earlier questioned the DOJ's move but accepted it after Adani's lawyer said no deal linked to US investments was involved. Separately, brokerage Bernstein said the Adani Group's legal overhang from both the 2023 Hindenburg report and US regulatory actions now appears behind it, potentially reviving foreign funding. Bernstein noted Adani stocks remain under-owned despite strong execution and 22% EBITDA growth between FY23 and FY26, with dollar funding access likely to improve after the US developments. ## Coverage - millenniumpost.in - livemint.com Tags: Adani Group, Bernstein, Hindenburg, infrastructure, stocks, US SEC Canonical: https://indianopinion.org/bernstein-says-adani-overhang-easing-after-us-developments/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/bernstein-says-adani-overhang-easing-after-us-developments/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.