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Leon Black

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business1 year ago

"Billion-Dollar Sell-Off: Bezos, Black, Dimon, and Waltons Unload $11B in Company Stock"

High-profile CEOs, founders, and heirs, including Jeff Bezos, Leon Black, Jamie Dimon, Mark Zuckerberg, and the Walton family, have collectively sold $11 billion in company stock this month, with share prices trading near all-time highs. Many of the sales were made through 10b5-1 trading plans, while some were outside of these plans. The sales are speculated to be a result of potential political changes and tax breaks, with experts suggesting that the executives are diversifying their holdings and taking advantage of the current market conditions.

via Fortune|
#business#jamie-dimon#jeff-bezos
crime2 years ago

"Billionaire Investor's Involvement in Epstein Scandal Raises Unanswered Questions"

A woman with autism, identified as Jane Doe, has filed a lawsuit alleging that billionaire investor Leon Black, who is currently under investigation by a US Senate committee, raped and sexually abused her at Jeffrey Epstein's Manhattan townhouse in 2002. The lawsuit also claims that Black's powerful lawyers have prevented any prosecution from moving forward. The details of Doe's suit reveal a story of exploitation and abuse, with her vulnerability due to autism making her an easy target for Epstein's associates. Advocates are calling for a thorough investigation into the allegations, emphasizing the importance of consent and the need to protect individuals with intellectual and developmental disabilities from sexual abuse. Black's camp has denied the allegations, calling the lawsuit frivolous and manufactured.

via The Guardian US|
#crime#ghislaine-maxwell#jeffrey-epstein
crime2 years ago

Billionaire Leon Black Accused of Raping Autistic Teen in Connection with Jeffrey Epstein

Billionaire investor Leon Black has been sued by an autistic woman, using the pseudonym Jane Doe, who alleges that he raped her in Jeffrey Epstein's Manhattan mansion in 2002 when she was 16. The woman claims that Black pinned her down and penetrated her with sex toys, causing her to bleed. Black's lawyer denies the allegations, stating that he never met the woman and that the lawsuit lacks evidence. The lawsuit comes as the U.S. Senate's finance committee examines Black's treatment of trusts and the $158 million he paid Epstein for tax and estate planning. Black has previously denied other sexual abuse accusations and reached a settlement with the U.S. Virgin Islands.

via Reuters|
#autistic-girl#crime#jeffrey-epstein
business2 years ago

Leon Black Settles $62.5 Million Epstein-Related Claims

Leon Black, the billionaire co-founder of Apollo Global Management, has reached a $62.5 million settlement over potential claims related to his business dealings with the late financier Jeffrey Epstein. The settlement comes after an independent review found that Black had paid Epstein $158 million for financial advice and other services, despite knowing about Epstein's criminal past. The agreement will absolve Black of any further claims and allow him to continue his role at Apollo.

via Financial Times|
#business#claims#epstein
crime2 years ago

Leon Black Settles Epstein-Related Claims for $62.5 Million

Billionaire investor Leon Black has agreed to pay $62.5 million to the U.S. Virgin Islands to settle any potential claims related to the territory's investigation into Jeffrey Epstein's sex trafficking operation. The settlement, which was previously undisclosed, followed a $105 million deal between the Virgin Islands and Epstein's estate. Black's ties to Epstein, including paying him $158 million for tax and estate planning services, had become a source of embarrassment for him. Black stepped down as chairman and CEO of Apollo Global Management in 2021 and also resigned as chairman of the Museum of Modern Art. The settlement does not imply any admission of liability by Black.

via The New York Times|
#crime#jeffrey-epstein#lawsuit