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UNITE HERE Local 5 Updates Its Website with New Court Documents from Diamond Resorts Shareholder Class Action Lawsuit

May 23, 2019

HONOLULU--(BUSINESS WIRE)--May 23, 2019--

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:

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190523005780/en/

CONTACT: Ivan Hou

Tel: 808-941-2141 ext. 267

Email:ihou@5.unitehere.org

KEYWORD: UNITED STATES NORTH AMERICA HAWAII NEVADA

INDUSTRY KEYWORD: TRAVEL LODGING PROFESSIONAL SERVICES LEGAL

SOURCE: UNITE HERE Local 5

Copyright Business Wire 2019.

PUB: 05/23/2019 03:54 PM/DISC: 05/23/2019 03:54 PM

http://www.businesswire.com/news/home/20190523005780/en