Apollo Investors Get Chance to Lead Securities Class Action Over Epstein Claims

Overview

• The Schall Law Firm issued a notice reminding Apollo Global Management shareholders of a pending securities class action.
• The complaint alleges Apollo violated Sections 10(b) and 20(a) of the Securities Exchange Act and SEC Rule 10b-5.
• Plaintiffs assert Apollo made false or misleading statements by saying it never did business with Jeffrey Epstein.
• Apollo leadership was allegedly in regular contact with Epstein during the 2010s, which the suit claims was not properly disclosed.
• The proposed class period runs from May 10, 2021 through February 21, 2026, and the class has not yet been certified.