Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Apollo co-founder Leon Black wins dismissal of rape accuser's lawsuit

Published 05/24/2023, 06:27 PM
Updated 05/24/2023, 06:40 PM
© Reuters. FILE PHOTO: Leon Black, Chairman, CEO and Director, Apollo Global Management, LLC, speaks at the Milken Institute's 21st Global Conference in Beverly Hills, California, U.S. May 1, 2018. REUTERS/Lucy Nicholson

By Jonathan Stempel

NEW YORK (Reuters) - A New York state judge on Wednesday dismissed a lawsuit accusing Apollo Global Management (NYSE:APO) Inc billionaire co-founder Leon Black of defaming a woman by falsely claiming she tried to extort him after accusing him of rape.

Justice David Cohen said the accuser, Guzel Ganieva, could not pursue her claims after receiving $9.5 million from Black under a nondisclosure agreement that followed their six-year relationship, which ended in 2014.

Black, 71, has denied raping or behaving inappropriately with Ganieva, who is about three decades younger. Black left Apollo in 2021.

Cohen said Ganieva's acceptance of Black's payments and decision not to contest the nondisclosure agreement barred her from claiming she signed it under duress.

The Manhattan judge also found no proof that Ganieva, a single mother and former Russian model, did not understand the agreement.

"The NDA clearly and unambiguously covers all claims arising out of the parties' relationship, past or future," Cohen wrote.

Ganieva fired her law firm in March and chose to represent herself, court records show. She did not immediately respond to a message left at a phone number listed for her Manhattan home.

"From the very beginning, I've made clear that Ms. Ganieva's allegations against me were false," Black said in a statement. "I am gratified that the truth has come out and justice has been finally done."

The lawsuit stemmed from a March 2021 interview in which Black said he had "foolishly had a consensual affair" with Ganieva, and that she extorted him based on threats to go public.

He was responding to posts on Twitter where Ganieva accused him of having sexually harassed and abused her for years.

Black is worth $8.8 billion, according to Forbes magazine.

He still faces a lawsuit by another woman, Cheri Pierson, who has accused him of raping her two decades ago in the late financier Jeffrey Epstein's mansion in Manhattan.

© Reuters. FILE PHOTO: Leon Black, Chairman, CEO and Director, Apollo Global Management, LLC, speaks at the Milken Institute's 21st Global Conference in Beverly Hills, California, U.S. May 1, 2018. REUTERS/Lucy Nicholson

Susan Estrich, a lawyer for Black, in an interview following Cohen's decision said Pierson's lawsuit, like Ganieva's, had no merit and "will likely be dismissed."

The case is Ganieva v. Black, New York State Supreme Court, New York County, No. 155262/2021.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.