This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Robbins Arroyo LLP Is Investigating The Officers And Directors Of Och-Ziff Capital Management Group LLC On Behalf Of Shareholders

SAN DIEGO and NEW YORK, March 31, 2014 /PRNewswire/ -- Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of the investment management company, Och-Ziff Capital Management Group LLC (NYSE: OZM), breached their fiduciary duties to shareholders. 
Robbins Arroyo LLP.

View the investigation on the law firm's Shareholder Rights Blog:

Och-Ziff Investigated for Possible Violations of the Foreign Corrupt Practices Act

On March 18, 2014, Och-Ziff disclosed that in 2011 the company began receiving subpoenas from the U.S. Securities and Exchange Commission and the U.S. Department of Justice as part of an investigation into possible violations of U.S. bribery laws. According to the disclosure, the investigation relates to a 2007 investment made by a foreign sovereign wealth fund in an Och-Ziff fund, in violation of the Foreign Corrupt Practices Act.  In addition, the subpoenas sought information concerning investments by certain Och-Ziff funds in several companies in Africa.  Och-Ziff acknowledged that the investigation is ongoing and that an "adverse outcome could have a material effect" on its business operations and financial condition.  Och-Ziff shares fell 3.5% on March 19, 2014.

In light of this news, Robbins Arroyo LLP is investigating whether Och-Ziff's board of directors breached its fiduciary duties to the company and its shareholders by failing to implement adequate internal controls to ensure compliance with applicable law.   

Och-Ziff Shareholders Have Legal Options

Robbins Arroyo LLP highlights that Och-Ziff shareholders have the option to pursue a shareholder litigation demand or shareholder derivative action through which shareholders aim to hold insider wrongdoers accountable for their actions, prevent future misconduct, and bring long-term value back to the company.  Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003,, or via the shareholder information form on the firm's website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law.  The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. 

Attorney Advertising. Past results do not guarantee a similar outcome.  

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.98 -0.21%
FB $116.77 -0.56%
GOOG $692.36 0.00%
TSLA $230.00 -1.00%
YHOO $36.01 0.00%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs