Multiple class action lawsuits have been filed alleging Apollo Global Management (NYSE:APO) and senior leaders misled investors over communications and business ties with Jeffrey Epstein.
Plaintiffs claim public statements about the extent and timing of Apollo’s relationship with Epstein were false or incomplete, contrary to earlier denials.
The cases focus on whether investors were given an accurate picture of potential legal and reputational risks linked to Epstein.
These lawsuits add a new layer of legal scrutiny for one of the largest alternative asset managers, with questions centered on disclosure practices and governance.
Apollo Global Management, listed on the NYSE under the ticker APO, is a large alternative asset manager focused on credit, private equity, and real assets. For investors following asset managers, legal and governance issues can matter alongside fund performance, fee structures, and assets under management. The Epstein related suits now sit next to broader industry themes such as regulation of private markets and scrutiny of disclosure standards.
As these cases move forward, investors may watch how Apollo addresses questions around past statements, risk controls, and board oversight. Outcomes in court or through potential settlements could influence how the company reports on legal exposures and reputational issues, which can factor into how some shareholders think about the risk profile of NYSE:APO.
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Two teachers’ unions whose members have over $27.5 billion in pension capital committed to Apollo funds are demanding an SEC investigation. Apollo’s share price has fallen roughly 27 percent since the documents started surfacing in February, erasing approximately $12 billion in market capitalization. The current CEO who told Bloomberg on March 3 that Epstein “wasted my time, even from the grave he’s wasting my time” is named as a defendant.
But who is the CEO? And where is he sitting right now, today, in March 2026?
His name is Marc Rowan, and he now sits alongside Jared Kushner on Trump’s Board of Peace and the Gaza Executive Board, the bodies created to oversee Gaza’s reconstruction and investment planning.
September 2025 – (Official White House Photo by Daniel Torok)
You may have seen some headlines about Marc Rowan and Apollo the past few weeks. The Financial Times reported in early February that top Apollo executives including Rowan held wide-ranging discussions with Epstein about the firm’s tax arrangements throughout the 2010s, despite Apollo having previously said it “never did any business” with Epstein.
On February 18, Apollo’s President James Zelter told clients that “neither Marc Rowan nor anyone else at Apollo (excluding Leon Black) had either a business or personal relationship with Jeffrey Epstein.” despite Rowan clearly attending meetings with Epstein.
Retired, living in the Scottish Borders after living most of my life in cities in England. I can now indulge my interest in all aspects of living close to nature in a wild landscape. I live on what was once the Iapetus Ocean which took millions of years to travel from the Southern Hemisphere to here in the Northern Hemisphere. That set me thinking and questioning and seeking answers.
In 1998 I co-wrote Millennium Countdown (US)/ A Business Guide to the Year 2000 (UK) see https://www.abebooks.co.uk/products/isbn/9780749427917
borderslynn 