August 29, 2013
Blackstone Group LP agreed on Wednesday to pay a class of investors $85 million to settle claims that the New York private equity firm hid risky investments, striking a deal on the eve of a trial that has been more than five years in the making.
August 14, 2013
A New York federal judge on Wednesday certified a class of investors alleging that The Blackstone Group LP withheld information to lure them into buying more stock.
April 11, 2012
A New York federal judge on Tuesday ordered The Blackstone Group LP and several current and former executives to disclose all their investments in real estate and several other industries in a putative class action alleging the private equity giant withheld information from investors.