Oetken

US Judge Vacates Och-Ziff Class Action Lawsuit Hours After Certifying It

A federal judge on Wednesday certified a class-action lawsuit against Och-Ziff Capital Management related to a bribery probe, only to throw out the certification six hours later after being advised that the company had not had a chance to object. The reversal by U.S. District Judge Paul Oetken in Manhattan came in a lawsuit in which Och-Ziff shareholders accused the largest publicly traded U.S. …


Och-Ziff Says U.S. Judge Ignored Own Deadline in Class Action

Lawyers for Och-Ziff Capital Management Group LLC said a federal judge ignored his own deadline by certifying a class-action lawsuit tied to a bribery probe on Wednesday without giving the largest publicly traded U.S. hedge fund company a chance to object. U.S. District Judge Paul Oetken in Manhattan said Och-Ziff shareholders from February …