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Apollo Reaches Settlement in Lawsuit Against Former Athene Executives
ByAinvest
Thursday, Sep 4, 2025 2:12 pm ET1min read
Apollo Global Management has settled a lawsuit against former Athene executives Stephen Cernich and Huan Tseng, who allegedly participated in a scheme to launch a rival insurer. The private equity giant had been seeking at least $30 million in damages. The settlement comes just days before the matter was set to go to trial, where Apollo CEO Marc Rowan was expected to testify.
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