Optimum initiates antitrust lawsuit against Apollo and Ares Management, according to WSJ
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2025
0mins
Should l Buy APO?
Lawsuit Filed: Optimum Communications has initiated an antitrust lawsuit against investors, including Apollo Global and Ares Management, alleging collusion to exclude the company from the U.S. credit market.
Allegations of Cartel Formation: The lawsuit claims that eight lenders formed an "illegal cartel" in 2024, preventing Optimum from repurchasing its own debt at market prices.
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Analyst Views on APO
Wall Street analysts forecast APO stock price to rise
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 111.420
Low
136.00
Averages
164.45
High
182.00
Current: 111.420
Low
136.00
Averages
164.45
High
182.00
About APO
Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates through three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Acquisition Announcement: Apollo Global Management has announced the acquisition of Gatehouse Living Group, although the terms remain undisclosed, this move signifies its expansion in the UK housing market, further solidifying its investment strategy in residential platforms.
- Asset Management Scale: Gatehouse Living Group manages over 10,000 homes and has acquired more than 5,000 homes from major UK housebuilders, demonstrating its strong market presence and resource integration capabilities.
- Management Team Continuity: Post-acquisition, Gatehouse Living Group will continue to be led by CEO Paul Stockwell and the current management team, ensuring business continuity and stability while laying the groundwork for future rebranding efforts.
- Market Reaction: In pre-market trading on the New York Stock Exchange, Apollo Global Management's stock rose by 1.06% to $112.60, reflecting positive market sentiment regarding the acquisition and recognition of the company's future growth potential.
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- Strategic Partnership: New Era Energy has entered a non-binding letter of intent with Stream Data Centers to jointly develop critical data centers in West Texas, which is expected to attract significant institutional capital support, thereby accelerating project financing and implementation.
- Project Financing Structure: The collaboration will see New Era contribute site control and local relationships, the Institutional Investor providing equity capital and sourcing debt financing, while Stream will manage development and operations, with approximately 80% of project financing anticipated to come from debt on competitive market terms.
- Revenue Potential: New Era's equity stake in the joint venture is expected to generate distributions from operating cash flow shortly after the first phase commences commercial operations, reflecting the company's intention to maintain a long-term interest and active participation in the project.
- Infrastructure Development: The TCDC project is planned to be developed in three phases, ultimately scaling to over 1 GW of total capacity, with the first phase providing approximately 200 MW of utility-powered capacity, aligning with the growing market demand for high-performance computing and AI infrastructure, thereby strengthening New Era's market position in digital infrastructure.
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- Lawsuit Deadline: Investors must file lead plaintiff applications for the class action against Apollo Global Management by May 1, 2026, for securities purchased between May 10, 2021, and February 21, 2026, or risk losing their right to recover losses.
- Legal Allegations Overview: Apollo and its executives are accused of failing to disclose material information during the class period, violating federal securities laws, including undisclosed business communications with Jeffrey Epstein, which harmed the company's reputation.
- Impact of False Statements: The lawsuit claims Apollo's assertion of no business dealings with Epstein was false, and such misleading statements could lead to significant economic losses for investors, potentially affecting the company's future market performance.
- Law Firm Background: Kahn Swick & Foti, LLC is one of the premier securities litigation law firms in the U.S., ranked among the top ten nationally based on total settlement value last year, focusing on recovering losses for investors due to corporate fraud.
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- Lawsuit Background: Hagens Berman has filed a securities class action against Apollo Global Management (NYSE: APO), representing investors who purchased securities between May 10, 2021, and February 21, 2026, alleging that executives made false statements regarding their ties to Jeffrey Epstein.
- Market Reaction: Following a series of investigative reports, Apollo's stock plummeted over 15% in three weeks, resulting in approximately $12 billion in market capitalization loss, indicating severe market concerns regarding the company's governance and transparency.
- Regulatory Investigation: Two major teachers' unions have urged the SEC to investigate Apollo's “lack of candor” regarding its business dealings with Epstein, further exacerbating investor anxiety and scrutiny.
- Critical Deadline: Investors must apply by May 1, 2026, to be appointed as Lead Plaintiff in the lawsuit, underscoring the importance of this case for affected investors seeking to protect their rights.
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- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Apollo Global Management, alleging securities fraud and other unlawful business practices, with investors advised to apply as Lead Plaintiff by May 1, 2026.
- Significant Stock Decline: Following revelations of tax discussions with Jeffrey Epstein, Apollo's stock price fell by 5.72% to $126.85 per share on February 3, 2026, reflecting market concerns over corporate governance.
- SEC Investigation Urged: The American Federation of Teachers and the American Association of University Professors have called on the SEC to investigate Apollo's ties to Epstein, asserting that the company's communications to investors are misleading and incomplete, which has heightened market anxiety.
- Expert Opinions Detrimental: Experts have criticized Apollo CEO Marc Rowan for failing to disclose meetings with Epstein, suggesting that unions have a strong case for pushing an SEC investigation, potentially exposing the company to greater legal and financial risks.
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- Class Action Notice: The Schall Law Firm reminds investors of a class action lawsuit against Apollo Global Management (NYSE:APO) for violations of securities laws, concerning securities transactions from May 10, 2021, to February 21, 2026, with a deadline for investor contact set for May 1, 2026.
- False Statement Allegations: The complaint alleges that Apollo made false and misleading statements throughout the class period, claiming no business dealings with Jeffrey Epstein, despite regular communications between the company's leadership and Epstein, which could severely damage the company's reputation.
- Investor Losses: As the market became aware of Apollo's true connections, investors suffered losses during the class period, indicating significant deficiencies in the company's disclosure practices that could lead to stock price declines and diminished investor confidence.
- Legal Consultation Opportunity: The Schall Law Firm offers free legal consultations, encouraging affected shareholders to reach out to discuss their rights, highlighting the firm's focus on securities class actions and shareholder rights protection aimed at helping investors recover losses.
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