INVESTOR ALERT: Law Offices of Howard G. Smith Announces Lead Plaintiff
Deadline in the Class Action Lawsuit Against Och-Ziff Capital Management
BENSALEM, Pa. -- June 10, 2014
Law Offices of Howard G. Smith reminds investors that all purchasers of the
securities of Och-Ziff Capital Management Group LLC (“Och-Ziff” or the
“Company”) (NYSE:OZM) between February 9, 2012 and April 25, 2014, inclusive
(the “Class Period”), have until July 7, 2014, to file a motion to be
appointed as lead plaintiff in the shareholder lawsuit.
Och-Ziff provides investment advisory services in real estate and equity
markets worldwide. The Complaint alleges that throughout the Class Period
defendants issued false and/or misleading statements and/or failed to disclose
material adverse facts concerning the Company’s business and operations.
Specifically, defendants misrepresented and/or failed to disclose that:
*The Company violated relevant anti-bribery laws by accepting an investment
from the Libyan Investment Authority.
*The Company loaned $234 million to help finance two ventures in the
Democratic Republic of Congo, in violation of the Foreign Corrupt
*The Company failed to disclose that, beginning in 2011, Och-Ziff received
subpoenas from the Securities and Exchange Commission and the United
States Department of Justice in connection with the foregoing
If you purchased Och-Ziff securities during the Class Period, you may move the
Court no later than July 7, 2014, to serve as lead plaintiff, if you meet
certain legal requirements. To be a member of the Class, you need not take any
action at this time; you may retain counsel of your choice or take no action
and remain an absent member of the Class. If you wish to learn more about this
action, please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone
at (215) 638-4847, Toll Free at (888) 638-4847, or by email to
email@example.com, or visit our website at
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
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