8. Former Executives of New York-Based Hedge Fund Sued for Civil FCPA Violations. On January 26, 2017, SEC announced that it had sued two former executives of Och-Ziff Capital Management Group LLC ("Och-Ziff") in connection with allegations that they caused bribes to be paid by Och-Ziff and its subsidiary, Oz Management LP (the "subsidiary"), to officials in several African countries. In addition to four claims related to alleged violations of the FCPA's anti-bribery and accounting provisions, the complaint alleges claims based on violations of the Investment Advisers Act (the "Act") and aiding and abetting the subsidiary's violations of the Act. In September 2016, DOJ and SEC announced corporate resolutions with Och-Ziff and the subsidiary that involved a combined monetary penalty of $412 million, as well as SEC charges against the parent company's CEO and CFO.