American Realty Capital Scrambles Amid Probe

By Joe Mont2014-12-16T11:00:00

American Realty Capital Properties, reeling from an accounting misstatement disclosed in October, has announced sweeping changes to its management and corporate governance. Most notably, CEO David Kay and Executive Chairman Nick Schorsch have both resigned their duties and stepped down from ARCP’s board of directors. The company is also moving ...

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Former CFO of American Realty Capital Partners charged with accounting fraud

2016-09-13T15:00:00Z By Jaclyn Jaeger

The Department of Justice and the Federal Bureau of Investigation recently announced the unsealing of an indictment in federal court charging Brian Block, former chief financial officer of American Realty Capital Partners (ARCP), with fraudulently inflating a key metric used to evaluate ARCP’s financial performance. Jaclyn Jaeger reports.

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American Realty Capital Scrambles Amid Probe

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Former CFO of American Realty Capital Partners charged with accounting fraud

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