APO EQUITY ALERT: Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026
Apollo ManagementApollo Management(US:APO) TMX Newsfile·2026-03-30 22:45

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Apollo Global Management, Inc. due to allegations of misleading statements and undisclosed communications with Jeffrey Epstein, which have negatively impacted the company's reputation and stock price [2][4]. Group 1: Allegations and Legal Actions - The complaint alleges that Apollo's executives, including Marc Rowan, communicated with Jeffrey Epstein regarding the company's business, contradicting previous statements that Apollo had never done business with Epstein [4]. - The firm has set a deadline of May 1, 2026, for investors to seek the role of lead plaintiff in a federal securities class action against Apollo [2]. - Following the revelations, Apollo's stock price fell by 5.7% to close at $126.85 on February 3, 2026, and further dropped by approximately 5% to $113.73 on February 23, 2026 [5][7]. Group 2: Market Reactions and Expert Opinions - Financial Times reported that Apollo executives held discussions with Epstein about tax arrangements, raising concerns about the company's transparency [5]. - Eleanor Bloxham, an expert, stated that unions have a strong case for an SEC investigation and criticized Apollo's response as weak, questioning the lack of disclosure regarding Rowan's meetings with Epstein [6].

Apollo Management-APO EQUITY ALERT: Faruqi & Faruqi, LLP Reminds Apollo Global Management (APO) Investors of Securities Class Action Deadline on May 1, 2026 - Reportify