yahoo news | Deadline Alert: Apollo Global Management, Inc. (APO) Shareholders Who Lost Money...
Glancy Prongay Wolke & Rotter LLP is reminding investors that the deadline to file a lead‑plaintiff motion in the securities‑fraud class action concerning Apollo Global Management, Inc. (“Apollo” or “APO”) is May 1, 2026. The lawsuit covers anyone who bought or otherwise acquired Apollo securities between May 10, 2021 and February 21, 2026 inclusive. Shareholders who suffered losses are urged to inquire about pursuing claims under federal securities law.
The case stems from a series of news reports in February 2026 linking Apollo’s senior leadership to Jeffrey Epstein. On February 1, the Financial Times disclosed that former CEO Marc Rowan had consulted Epstein on tax matters, causing Apollo’s share price to drop $7.89 (‑5.7%). Two weeks later the paper reported that teachers’ unions urged the SEC to investigate Apollo’s Epstein ties, prompting a further $6.81 decline (‑5.4%). A CNN story on February 21 added new details and quoted an expert who said the unions have a “strong case,” after which the stock fell another $5.99 (‑5%).
The complaint alleges that Apollo’s defendants made materially false or misleading statements and failed to disclose that CEO Marc Rowan, former CEO Leon Black and other leaders communicated with Epstein in the 2010s, contradicting the company’s claim of never doing business with him. These omissions allegedly inflated investors’ expectations about the firm’s business, operations and prospects. Shareholders who purchased Apollo securities during the class period may move the court by May 1, 2026 to seek appointment as lead plaintiff. For more information or to submit a claim, contact Charles Linehan, Esq., at [email protected] or by phone at 310‑201‑9150 (toll‑free 888‑773‑9224). This notice is attorney advertising and a paid placement.
Read more: https://smb.cordeledispatch.com/article/Deadline-Alert-Apollo-Global-Management-Inc-APO-Shareholders-Who-Lost-Money-Urged-To-Contact-Glancy-Prongay-Wolke-andamp-Rotter-LLP-About-Securities-Fraud-Lawsuit?storyId=69d934710f25261839c24e02
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