Investors Failed To Cure Pleading Deficiencies In Securities Suit, Judge Rules

(October 6, 2017, 7:40 AM EDT) -- NEW YORK — Lead plaintiffs in a securities class action lawsuit against an asset management firm and certain of its executive officers and others have failed to cure any of the pleading deficiencies identified in a prior ruling on motions to dismiss federal securities law claims, a federal judge in New York ruled Sept. 29 in dismissing a second amended complaint with prejudice (Arthur Menaldi v. Och-Ziff Capital Management Group LLC, et al., No. 14-3251, S.D. N.Y.; 2017 U.S. Dist. LEXIS 163063)....