On October 18, 2023, Sculptor Capital Management Inc announced that its special committee of its Board of Directors today issued the following statement in response to a complaint filed in Delaware Chancery Court by Daniel S Och, Harold Kelly, Richard Lyon, James O?Connor, and Zoltan Varga, stating that the special committee role is to recommend the transaction that it believes is in the best interest of stockholders, based on price and certainty of closing. In addition, the Company stated that contrary to Dan Och?s assertions in the lawsuit filed that he too seeks to act in the best interest of stockholders, his ongoing campaign against the Company, including his conduct throughout the special committee?s process, has cost stockholders significant value, his complaint is replete with materially misleading statements, and the Company intends to vigorously defend itself.
Sculptor Capital Management, Inc.
Equities
SCMT
US8112461079
Investment Management & Fund Operators
1st Jan change | Capi. | |
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+4.75% | 8.74B | |
+13.83% | 3.48B | |
-36.31% | 2.96B | |
+13.29% | 2.52B | |
+14.51% | 2.39B | |
+42.63% | 2.17B | |
+17.41% | 1.49B | |
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+9.13% | 1.42B |