EQUITY ALERT: Rosen Law Firm Reminds Investors in Och-Ziff Capital Management
Group LLC of Important Class Action Deadline -- OZM
NEW YORK, June 3, 2014 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. reminds
purchasers of Och-Ziff Capital Management Group LLC (NYSE:OZM) securities
between February 9, 2012 and April 25, 2014, of the important July 5, 2014
lead plaintiff deadline.
To join the Och-Ziff class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq. or Kevin Chan, Esq.
toll-free, at 866-767-3653; you may also email firstname.lastname@example.org or
email@example.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
The lawsuit asserts violations of the federal securities laws against Och-Ziff
and its officers and directors for issuing false and misleading statements
about the Company's financial condition. Specifically, the lawsuit claims that
(a) the Company violated relevant anti-bribery laws by accepting an investment
from the Libyan Investment Authority, a sovereign wealth fund; (b) the Company
loaned $234 million to help finance two ventures in the Democratic Republic of
Congo in violation of the Foreign Corrupt Practices Act ("FCPA"); and (c)
beginning in 2011, the Company received subpoenas from the Securities and
Exchange Commission and the United States Department of Justice in connection
with the transactions mentioned above. According to the suit, when these
adverse facts entered the public domain, the price of Och-Ziff securities
dropped damaging investors.
If you wish to serve as lead plaintiff, you must move the Court no later than
July 7, 2014. A lead plaintiff is a representative party acting on behalf of
other class members in directing the litigation. If you wish to join the
litigation, or to discuss your rights or interests regarding this class
action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law
Firm, toll-free, at 866-767-3653, or via e-mail at firstname.lastname@example.org or
email@example.com. You may also visit the firm's website at
http://rosenlegal.com. The Rosen Law Firm represents investors throughout the
globe, concentrating its practice in securities class actions and shareholder
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
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