Jamie Dimon’s son-in-law won’t get off as simply as he was hoping in an arbitration case filed towards him and the enormous buyout company Apollo Global Management over claims they bilked an oil government out of $21 million, The Post has discovered.

Joey Romeo, who married the JPMorgan boss’s daughter Julia Dimon in 2011, is predicted to be deposed within the coming weeks, assets mentioned — after his employer Apollo first of all chalked up the swimsuit to a “disgruntled” worker who was once “fired for purpose.”

The case was once lodged in January with the American Arbitration Association in Pennsylvania via Varun Mishra, who alleged that Romeo and Apollo orchestrated a scheme to stiff him out of his stake in a profitable oil corporate he constructed.

After tapping Mishra’s experience on herbal gasoline and petroleum to construct an power trade, Romeo and different Apollo executives allegedly driven him out as CEO — a coup that got here in a while after Mishra raised questions on thousands and thousands of bucks that Romeo had ordered be charged to the corporate’s expense accounts, consistent with the preliminary AAA submitting.

Apollo have been dismissive of Mishra when he filed swimsuit in January. An organization spokesman famous the 41-year-old Indian immigrant had engaged six other units of legal professionals and filed a prior arbitration call for, “which he voluntarily withdrew.”

However, 8 months later, the case goes thru discovery and Romeo now seems like he’s going to have to take a seat for a hardly accomplished inquisition. 

“Depositions don’t seem to be conventional in arbitration,” mentioned Jay Auslander, a legal professional who represents purchasers in AAA however isn’t concerned on this case. “Arbitrators would possibly allow [depositions] for a complete host of laws. The events would possibly conform to them; the information is also throughout the distinctive wisdom of explicit witnesses; there is also a priority that witnesses will not be to be had for the overall listening to; and the like.”

Auslander famous: “I’d now not learn the rest nefarious or ominous into this in any respect.”

According to Mishra’s declare, Apollo executives approached him in 2015 to provide a minimum of $400 million to construct out a trade that may ultimately grow to be American Petroleum Partners. Under the settlement, Mishra would give a contribution Pennsylvania wells he’d accrued and function CEO on an H1-B visa whilst Apollo would give you the capital for growth.

But the following 12 months, Apollo and Romeo pulled the rug out from Mishra, axing a deal for APP to obtain a big herbal gasoline fracking corporate for $360 million — simplest to show round and scoop up the corporate thru every other company through which some Apollo principals had been “most likely direct or oblique beneficiaries,” consistent with arbitration papers.

Despite allegedly getting shortchanged via Apollo at the fracking deal, Mishra had already dedicated his wells to the APP challenge, consistent with the criticism.

By that point, Mishra alleged in his lawsuit, he spotted Romeo have been approving bills for Apollo executives’ limousines and different high-end trip to be paid for out of American Petroleum. According to Mishra’s swimsuit, Romeo was once siphoning “more than one thousands and thousands of bucks” out of Mishra’s trade to pad the accounts of Apollo and its associates.

“Mr. Mishra’s claims are solely baseless; he’s a disgruntled former worker of a fund portfolio corporate, who was once terminated for purpose. We will proceed to shield the company and our staff vigorously,” an Apollo spokesperson instructed The Post on Tuesday.

MIshra had additionally painted the Princeton-educated Romeo as being snooty and sarcastic as their trade dating often went south.

“Joseph Romeo can also be described as an individual who repeatedly belittles you,” Mishra had instructed The Post in a written remark. “Without realizing me — or my immigration historical past — he commented on me that ‘Isn’t it too simple for you all to generate profits?’”

Romeo didn’t go back a choice in the hunt for remark.

Romeo, now in his past due 30s, owns a $7 million, 3,825-square-foot unit in a Park Avenue luxurious tower this is situated two flooring underneath his robust spouse’s father. The unfold is the previous house of iconic furnishings dressmaker Vladimir Kagan, assets data display.

Mishra instructed The Post he withdrew a prior arbitration declare as a result of he believed it gave him a greater likelihood to settle with Apollo. After that agreement fell aside, Mishra mentioned he filed the present one.

Labor employment skilled Frank Botta is arbitrating the case.

Botta, additionally a Major League baseball gamers agent who represented former Chicago Cubs All-Star Catcher Geovany Soto, declined remark when reached however showed it was once his case.