Apollo Global (APO) Management shareholders have sued the company and co-founders Leon Black and Marc Rowan in a proposed class action for allegedly defrauding them about the firm’s business dealings with Jeffrey Epstein, Jonathan Stempel and Isla Binnie of Reuters reports. The shareholders allege the defendants falsely denied in regulatory filings in 2021 and 2022 of doing business with Epstein, though Epstein “was heavily involved and frequently communicated with Apollo Global’s senior leadership” in the 2010s.
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