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Shareholders Sue Apollo Over Epstein Misconduct Claims
3/4/2026
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Apollo Lawsuit Filed
- Shareholders have filed a class action lawsuit against Apollo Global Management and co-founders Leon Black and Marc Rowan, alleging they misled investors regarding business dealings with Jeffrey Epstein.
- The lawsuit claims Apollo falsely denied any relationship with Epstein in regulatory filings, despite evidence of his involvement with the firm's leadership.
- Apollo's stock dropped 15% in February 2023, resulting in a $12 billion loss in market value.
- The suit follows the release of documents by the U.S. Department of Justice detailing Epstein's communications with Apollo officials.
- Leon Black, who stepped down in 2021, remains liable due to his significant ownership stake.
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