NEW YORK, Sept. 30, 2016 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC is
investigating potential claims on behalf of purchasers of the
securities Och-Ziff Capital Management Group LLC ("Och-Ziff" or the
"Company") (NYSE: OZM). Investors who purchased shares before
February 9, 2012 and continue to hold
the shares are advised to contact Peretz
Bronstein or his Investor Relations Analyst, Yael Hurwitz at info@bgandg.com or
212-697-6484.
The investigation concerns whether Och-Ziff and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
The investigation focuses on bribery charges or Foreign Corrupt
Practices Act ("FCPA") violations which allegedly occurred at the
Company from 2007 through 2014. On May 3,
2016, Och-Ziff revealed that it had set aside $200 million as it negotiates with the U.S.
government. The Wall Street Journal then reported that U.S. federal
authorities had been pushing for Och-Ziff to plead guilty to
criminal charges and pay $400 million
in civil penalties. Och-Ziff and certain senior officers and
directors were also listed as defendants in another class action
lawsuit for similar allegations of bribery in the U.S. District
Court for the District of New
York. For over a year, Och-Ziff stock has fallen from about
$12 per share in June 2015 to less than $4.00 per share as of June
27, 2016.
If you are aware of any facts relating to this investigation, or
if you purchased shares of Och-Ziff before February 9, 2012
and continue to hold your shares, you can assist this investigation
by visiting the firm's site: http://www.bgandg.com/ozm or by
contacting Peretz Bronstein or his
Investor Relations Analyst, Yael
Hurwitz of Bronstein, Gewirtz & Grossman, LLC at
212-697-6484 or via email info@bgandg.com. Those who inquire
by e-mail are encouraged to include their mailing address, email
and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC