Apollo Management settlements AM

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Apollo Management settlements

Apollo Management is the subject of a regulatory settlement involving limited partners in Apollo Management V, VI, VII, and Apollo Commodities Management funds. The action concerns undisclosed accelerated monitoring fees, a $19 million loan with inadequate disclosure, and unauthorized personal expense charges between December 2011 and the relevant class period. The total settlement is $52.7 million; fund investors who were affected may be eligible to participate, though no public claim deadline is currently on file.

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Jun 17 last verified