A New York state appeals court ruled in favor of billionaire investor Leon Black on Thursday, rejecting a defamation claim by a woman who also accused the Apollo Global Management co-founder of rape and sexual abuse.

NEW YORK - A New York state appeals court ruled in favor of billionaire investor Leon Black on Thursday, rejecting a defamation claim by a woman who also accused the

A New York state appeals court ruled in favor of billionaire investor Leon Black on Thursday, dismissing a defamation claim brought by Guzel Ganieva. Ganieva had also accused the co-founder of Apollo Global Management (NYSE:APO) of rape and sexual abuse.