San Diego, CA -- (SBWIRE) -- 10/05/2016 -- An investigation on behalf of investors of Och-Ziff Capital Management Group LLC (NYSE:OZM) shares over potential securities laws violations by Och-Ziff Capital Management Group in connection certain financial statements was announced.

Investors who purchased shares of Och-Ziff Capital Management Group LLC (NYSE:OZM), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether a series of statements by Och-Ziff Capital Management Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On March 18, 2014, Och-Ziff Capital Management Group LLC disclosed that in the beginning in 2011, and from time to time thereafter, it have received subpoenas from the SEC and requests for information from the U.S. Department of Justice (the "DOJ") in connection with an investigation involving the FCPA and related laws. Och-Ziff Capital Management Group LLC said that the investigation concerns an investment by a foreign sovereign wealth fund in some of its funds in 2007 and investments by some of its funds, both directly and indirectly, in a number of companies in Africa.

On May 5, 2014, a lawsuit was filed against Och-Ziff Capital Management Group LLC over alleged securities laws violations. The plaintiff claimed that the defendants made allegedly false and/or misleading statements and/or allegedly failed to disclose that Och-Ziff Capital Management Group LLC violated relevant anti-bribery laws by accepting an investment from the Libyan Investment Authority, a sovereign wealth fund, that Och-Ziff Capital Management Group LLC loaned $234 million to help finance two ventures in the Democratic Republic of Congo in violation of the Foreign Corrupt Practices Act ("FCPA"), that beginning in 2011, Och-Ziff Capital Management Group LLC received subpoenas from the Securities and Exchange Commission("SEC") and the United States Department of Justice ("DOJ") in connection with the transactions mentioned above, and that as a result of the above, Och-Ziff Capital Management Group LLC's financial statements were materially false and misleading at all relevant times.

On May 3, 2016, Och-Ziff Capital Management Group LLC revealed that it had set aside $200 million as it negotiates with the U.S. government. It was then reported that U.S. federal authorities had been pushing for Och-Ziff Capital Management Group LLC to plead guilty to criminal charges and pay $400 million in civil penalties.

Shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) closed on October 4, 2016, at $3.83 per share.

Those who purchased shares of certain Och-Ziff Capital Management Group LLC have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com