House Holds Leon Black in Contempt for Epstein Subpoenas
Published on Β· Source: cnbc.com
AI Summary
Summarized by AI from the source belowThe House of Representatives voted unanimously to hold Leon Black, former CEO of Apollo Global Management, in contempt of Congress due to his refusal to comply with subpoenas in an investigation related to Jeffrey Epstein. The vote followed a 41-0 recommendation from the House Oversight Committee. Black failed to appear for a deposition on September 3 and did not fully comply with a separate subpoena regarding nondisclosure agreements, providing only one known NDA. This situation may lead to potential criminal prosecution, which could result in a prison sentence of one to 12 months, impacting both Black and Apollo Global Management (APO).
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Understand this kind of story
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
