Core Viewpoint - A class action lawsuit has been filed against Apollo Global Management, Inc. regarding allegations of securities fraud and unlawful business practices related to the company's dealings with Jeffrey Epstein [2]. Group 1: Lawsuit Details - Investors who suffered losses in Apollo securities are encouraged to contact Pomerantz LLP to join the class action lawsuit, with a deadline to apply as Lead Plaintiff by May 1, 2026 [2]. - The lawsuit stems from reports indicating that Apollo executives, including CEO Marc Rowan, had discussions about tax arrangements with Epstein, contradicting previous statements that the firm had no business dealings with him [2]. Group 2: Stock Price Impact - Following the news of the lawsuit and allegations, Apollo's stock price dropped by $7.69, or 5.72%, closing at $126.85 per share on February 3, 2026 [3]. - A subsequent report led to another decline in Apollo's stock price by $5.99, or 5%, closing at $113.73 per share on February 23, 2026 [5]. Group 3: Regulatory Concerns - The American Federation of Teachers and the American Association of University Professors have urged the SEC to investigate Apollo's communications with investors, claiming they misrepresented the firm's connections to Epstein [4]. - Experts have described Apollo's responses to these allegations as inadequate, raising questions about the transparency of the company's disclosures [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Apollo Global Management, Inc. of Class Action Lawsuit and Upcoming Deadlines - APO