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O’Melveny’s Representation of Apollo Global Management LLC Noted in Law360July 25, 2012
Law360’s July 25, 2012, article “PE Titans Try Again To Whittle LBO Bid-Rigging Claims” provided an update regarding an ongoing class action suit against a group of private equity funds accused of colluding to depreciate prices for multibillion-dollar takeovers. The article detailed the firms’ request that a New York federal judge grant summary judgment, claiming the plaintiffs had not sufficiently proven their antitrust claims. The private equity firms involved in the suit include the seven largest in the world and eight of the top 20.
The article noted that O’Melveny partners Richard Parker, Abby Rudzin, Ian Simmons, and Jonathan Rosenberg are representing Apollo Global Management LLC, along with Mintz Levin Cohn Ferris Iovsky & Popeo PC and Torres Scammon & Day LLP.
The case is Klein et al. v. Bain Capital Partners LLC, et al., case number 1:07-cv-12388, in the US District Court for the District of Massachusetts