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UNITE HERE Local 5 updates DiamondResortsWatch.org
with documents from the ongoing breach of fiduciary duty shareholder
suit against Diamond Resorts’ directors and Apollo Management VIII, L.P.

HONOLULU–(BUSINESS WIRE)–UNITE HERE Local 5 announced that it has acquired publicly available
court documents from the ongoing shareholder class action lawsuit
against Diamond Resorts’ directors and a subsidiary of Apollo Global
Management, LLC.

Initially filed in 2016 and revived by a 2018 Delaware Supreme Court
decision overturning a lower court dismissal of the case, the action
against Diamond Resorts’ directors and Apollo Global Management VIII,
L.P. is still ongoing. The case is Stephen Appel, et al v. David
Berkman, et al, in the Delaware Chancery Court, case number 12844-VCMR.
The suit alleges breach of fiduciary duty against the defendants.

UNITE HERE Local 5 is making copies of court documents available to the
public at its website www.DiamondResortsWatch.org/court-documents.

UNITE HERE Local 5’s website update has the following court documents
for interested stakeholders:

  • A court order denying the defendants’ motion to stay discovery.
  • The plaintiff’s amended class action complaint.
  • Defendant Cloobeck’s Reply Brief in Support of his Motion to Dismiss
    Count I of Plaintiff’s Verified Amended Class Action Complaint.
  • Defendants’ answers and briefs
  • Deposition notice to: Jeffrey W. Jones, Hope S. Taitz, Robert Wolf,
    Stephen J. Cloobeck, Zachary D. Warren, Franke Sue Del Papa and David
    Palmer.

UNITE HERE Local 5 will continue to update www.DiamondResortsWatch.org
with new court documents and research analysis.

Stakeholders with questions or comments can contact UNITE HERE Local 5.

Contacts

Ivan Hou
Tel: 808-941-2141 ext. 267
Email: [email protected]