In Latest Chapter of the Och-Ziff FCPA Saga, Court Rules That It Pay Restitution to Victims of Bribery

Shareholders affected by Och‑Ziff’s foreign bribery scheme to win mining rights in Africa qualify as victims under the Mandatory Victims Restitution Act, a federal court in New York recently held, demonstrating one type of collateral consequence of an FCPA violation. We examine the facts and the decision. See “Och-Ziff’s Settlement Offers Five Compliance Lessons for Hedge Fund Managers and Private Equity Investors” (Nov. 9, 2016).

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