Comprehensive up-to-date news coverage

HomeNewsSculptor Capital Management issues statements regarding books and records requirements

Sculptor Capital Management issues statements regarding books and records requirements

Published on

Follow us on Google News for latest updates and information.

News Tech: NEW YORK, Aug. 25, 2022 (News) — Sculptor Capital Management, Inc. (NYSE: SCU) (“Sculptor”) today issued the following statement in response to Dan Och’s filing in Delaware Chancery Court under Section 220 of the Delaware General Corporate Law.

Sculptor is proud of its commitment to the highest standards of corporate governance and the ethical culture in which our world class team operates. Together, we have brought the Company, its balance sheet, and its standing with our clients back from the activities that resulted in the government sanctions leveled against Och-Ziff and Mr. Och personally.

Mr. Och’s filing is misleading and full of falsehoods that present a grossly distorted view of Board governance at the Company. We look forward to setting the record straight through the legal process.

To achieve these goals, the Company felt it needed to separate from Mr. Och in all respects and enact significant governance reforms in response to practices that existed while Mr. Och was in control. While this occurred many years ago, the acrimonious separation from Mr. Och resulted in a grudge against the Company and its leadership that he continues to harbor.

Learning Tips!

Loading RSS Feed

Latest articles

WVa programs receive $7.9 million in federal funding awards

News Tech: CHARLESTON, W.Va. (AP) — The U.S. Department of Health and Human...

BJP leader Subramanian Swamy meets Rajapaksa brothers from Sri Lanka

News Tech: Senior BJP leader Dr Subramanian Swamy on Thursday met Gotabaya Rajapaksa...

The government approved the 22nd tranche of electoral bonds; sale from 1 to 10 October

News Tech: Ahead of assembly elections in Gujarat and Himachal Pradesh, the government...

A case registered against three doctors for raping a woman in Basti in UP

News Tech: Police have registered a case of gang-rape against three doctors of...

More like this

WVa programs receive $7.9 million in federal funding awards

News Tech: CHARLESTON, W.Va. (AP) — The U.S. Department of Health and Human...

BJP leader Subramanian Swamy meets Rajapaksa brothers from Sri Lanka

News Tech: Senior BJP leader Dr Subramanian Swamy on Thursday met Gotabaya Rajapaksa...

The government approved the 22nd tranche of electoral bonds; sale from 1 to 10 October

News Tech: Ahead of assembly elections in Gujarat and Himachal Pradesh, the government...

A case registered against three doctors for raping a woman in Basti in UP

News Tech: Police have registered a case of gang-rape against three doctors of...

Agency: joining NATO makes Finland a target for Russian operational units

News Tech: HELSINKI (AP) — Finland’s future NATO membership will make the Nordic...

Rule 8.3 – Shaftesbury plc

News Tech: FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY   A PERSON WITH INTERESTS...

3 killed, 7 injured when truck hits e-rickshaw in Amethi in UP

News Tech: Representative Image : A...

Opening of new bonds with a fixed interest rate

News Tech:   Opening of new fixed-rate bonds Company Announcement number 86/2022 Realkredit Danmark will open...

Reliance Retail introduces the premium brand of fashion and lifestyle store AZORTE

News Tech: Country’s largest retailer Reliance Retail on Thursday launched a premium fashion...

Hurricane Ian hit a Florida hospital from above and below

News Tech: Hurricane Ian swamped a Florida hospital from both above and below,...

Blast at JK town bus stand in Udhampur; no casualty reported

News Tech: A blast occurred in a vehicle parked at a bus stand...

Julia Fox stuns in a silver dress at the 2022 New York Ballet Gala

News Tech: Julia Fox stuns in a puffy silver gown for the 2022...

Police: Shooting at Oakland high school injures 6 adults

News Tech: At least six adults were wounded in a shooting at a...

Assam: Man arrested for repeatedly raping 11-year-old daughter

News Tech: A man was arrested in Assam’s Nagaon district for allegedly raping...

Sakkari advances to Parma Open quarterfinals, Stephens loses

News Tech: PARMA, Italy (AP) — Top-seeded Maria Sakkari rallied past Arantxa Rus...

Brazil’s Bolsonaro instructed Neymar to stop the campaign

News Tech: Brazil’s President Jair Bolsonaro enlisted the help of soccer star Neymar...

Children’s emergency room in Seattle has seen unprecedented demand

News Tech: SEATTLE (AP) — Seattle Children’s Hospital is seeing “unprecedented demand” in...

Inter reports reduced financial losses, increased income

News Tech: Inter Milan reported smaller losses and an increase in revenue for...