{"id":955081,"date":"2026-04-27T17:13:21","date_gmt":"2026-04-27T21:13:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/apo-investor-alert-apollo-global-management-inc-securities-fraud-lawsuit-investors-with-losses-may-seek-to-lead-the-class-action-after-claims-black-concealed-epstein-payments-levi-korsinsk\/"},"modified":"2026-04-27T17:13:21","modified_gmt":"2026-04-27T21:13:21","slug":"apo-investor-alert-apollo-global-management-inc-securities-fraud-lawsuit-investors-with-losses-may-seek-to-lead-the-class-action-after-claims-black-concealed-epstein-payments-levi-korsinsk","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/apo-investor-alert-apollo-global-management-inc-securities-fraud-lawsuit-investors-with-losses-may-seek-to-lead-the-class-action-after-claims-black-concealed-epstein-payments-levi-korsinsk\/","title":{"rendered":"APO Investor Alert: APOLLO GLOBAL MANAGEMENT, INC. Securities Fraud Lawsuit – Investors With Losses May Seek to Lead the Class Action After Claims Black Concealed Epstein Payments: Levi & Korsinsky"},"content":{"rendered":"

\nExecutive Accountability: Leon Black Named in Securities Action Over Concealed Epstein Business Ties
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NEW YORK, April 27, 2026 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors that Leon Black, co-founder and former CEO and chairman of Apollo Global Management, Inc. (NYSE: APO), is named as a defendant in a securities class action covering purchases made between May 10, 2021 and February 21, 2026. Find out if you are eligible to pursue recovery against the named defendants<\/a> or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com<\/u><\/a> or (212) 363-7500.<\/p>\n

Apollo Global shares fell approximately 5%, or $5.99 per share, to close at $113.73 after a series of corrective disclosures revealed the depth of the firm’s alleged entanglement with Jeffrey Epstein.<\/p>\n

\n Leon Black’s Role During the Class Period<\/strong>\n <\/p>\n

Although Black stepped down as CEO and chairman before the Class Period began, the complaint identifies him as a controlling person who held 7.0% of Apollo Global’s common stock as of April 25, 2025. The action contends that Black directly participated in the management of the Company, was privy to confidential proprietary information, and was involved in drafting, reviewing, or disseminating the allegedly false statements at issue.<\/p>\n

Black’s personal relationship with Epstein drew public scrutiny as early as October 2020, when reporting revealed he had wired Epstein at least $50 million after Epstein’s 2008 conviction. On the Company’s October 30, 2020 earnings call, Black stated: “First and most important, Apollo never did any business with Epstein.”<\/p>\n

\n What Black Allegedly Knew and Concealed<\/strong>\n <\/p>\n

The lawsuit asserts that this denial was false. As pleaded in the complaint, Black and other senior leaders frequently communicated with Epstein in the 2010s regarding Apollo Global’s business, including:<\/p>\n