Apollo Global Management Inc. bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit. The private equity giant allegedly set up a web of sham …
NEW YORK — Billionaire investor Leon Black has escalated his battle against a former model who accused him of rape, filing a lawsuit on Thursday accusing her and her law firm of defamation and racketeering conspiracy. In the complaint, lawyers …
NEW YORK — Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. …