Bloomberg Law
Feb. 12, 2019, 4:21 PM UTC

Ex-Apollo Partner Can’t Depose SEC Lawyers in Fraud Fight

Jennifer Bennett
Associate Legal Intelligence Reporter

A former Apollo Global Management LLC partner can’t depose SEC attorneys who helped prepare a case against him for misappropriating $290,000 from his investment clients, a federal judge said Feb. 11.

Mohammed Ali Rashid allegedly charged his investment advisory clients for his personal expenses, including vacations in Hawaii and Brazil and salon haircuts. He can’t depose the Securities and Exchange Commission lawyers who investigated them because the information he seeks is protected work product, according to a New York federal court opinion.

Rashid sought to depose the people at the SEC with the most knowledge of the investigation ...

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