Och Slams Sculptor Proxy in Demand for Merger Books, Records (1)

Dan Och is demanding that Sculptor Capital Management release books and records to investigate how the hedge fund firm he founded chose Rithm Capital Corp. as its merger partner.

A Sculptor proxy statement this week “appears to present a narrative that is misleading and incomplete,” Och and four other former executives said Tuesday in a filing. It shows that a special committee of the firm “remains beholden to management and is failing to act in the best interests of shareholders.”

WATCH: Dan Och wants records released in the Rithm Capital deal.

Source: Bloomberg

Read More: Hedge Fund Sculptor Received Other Bids at Higher Valuations

It’s the latest salvo in a feud ...