Apollo Faces Investor Class Action Over Alleged Misstatements on Epstein Ties
The push to name lead plaintiffs could set the course for how a judge weighs Apollo’s past disclosures.
Overview
- Investor law firms, which issued fresh notices Monday, are recruiting Apollo shareholders to seek lead-plaintiff status by the May 1 deadline.
- The suit, Feldman v. Apollo Global Management in the Southern District of New York, covers trades from May 10, 2021 through Feb. 21, 2026.
- The complaints allege Apollo and top executives misled investors by denying business with Jeffrey Epstein despite 2010s contacts, tax talks, and meetings involving CEO Marc Rowan and Leon Black.
- Financial Times and CNN reports in February described tax discussions, internal documents sent to Epstein, and townhouse meetings, after which Apollo’s shares fell more than 15%, erasing about $12 billion.
- No class has been certified, and two large teachers’ unions have urged an SEC review, which could add regulatory risk alongside the investor lawsuit.