Apollo Global Management Chief Executive Officer Marc Rowan resolved a lawsuit JPMorgan Chase & Co. brought against him and other early investors in Charlie Javice’s student-finance startup, Frank.
Javice was convicted in March 2025 of defrauding JPMorgan in its $175 million acquisition of her company. The bank is now seeking to recoup some of its losses from her backers. A trust controlled by Rowan, who invested in Frank in a personal capacity, was one of the defendants named in a sealed complaint the bank filed last month in Delaware Chancery Court.
Apollo Global Management LLC CEO Marc Rowan exits federal court in New York in 2025.
Photographer: Yuki Iwamura/Bloomberg
On Wednesday, the same day a redacted ...