The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Sculptor Capital Management, Inc. (“Sculptor” or the “Company”) (NYSE: SCU) concerning whether the board breached its fiduciary duties to shareholders.
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On February 3, 2022, one of Sculptor’s directors resigned, citing “governance failures [that] will impair [his] ability to carry out his fiduciary duties.” Specifically, he stated that Sculptor’s CEO was awarded “staggering” annual compensation that “may very well approach $200 million,” which was “well in excess of any appropriate comparator.”
Our investigation concerns whether the Company’s board of directors breached its fiduciary duties to shareholders and/or grossly mismanaged the Company in connection with the above alleged misconduct.
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If you still hold Sculptor shares purchased before January, 2020 and wish to discuss this matter with us, or have any questions concerning your rights and interests with regards to this matter, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220209005391/en/
The Law Offices of Frank R. Cruz Announces Investigation of Sculptor Capital Management (SCU) on Behalf of Investors
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
