Asset Managers Accused of Credit Market Cartel in Lawsuit
ByAinvest
Tuesday, Nov 25, 2025 3:23 pm ET1min read
ARES--
OPTU--
Optimum Communications has filed an antitrust lawsuit against Apollo Global Management, Ares Management and other investors, alleging they formed an "illegal cartel" that froze the company out of the US credit market. The lawsuit claims the lenders prevented Optimum from repurchasing its debt at prevailing market prices in 2024.
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