(Bloomberg) Shares of Och-Ziff Capital Management Group LLC, which is under investigation by U.S. authorities for bribery, rose on news that the hedge fund firm’s main business may avoid conviction in the probe. The New York investment firm, which is led by Daniel Och, has been in the crosshairs of investigators for at least five years over whether it knowingly paid bribes to government officials in Africa.
Och-Ziff Jumps as Hedge Fund May Be Spared in Bribery Probe
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