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 email@example.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.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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