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SEC Accepts VEREIT Settlement Over Schorsch-Era Accounting Scandal

The Securities Exchange Commission has agreed to accept a settlement offer from Vereit Inc. (NYSE: VER), a publicly traded REIT formerly known as American...

ARCP CFO Brian Block Ordered to Report to Federal Prison

Brian Block, long-time partner of AR Global’s Nicholas Schorsch and former chief financial officer of American Realty Capital Properties, will begin serving his 18-month...

Appellate Court Upholds Securities Fraud Conviction of ARCP’s Brian Block

Last Thursday, the Second Circuit Court of Appeals upheld the conviction of Brian Block, long-time partner of AR Global’s Nicholas Schorsch and former chief...

VEREIT to Pay $8 Million to Settle SEC Investigation of Schorsch-Era...

VEREIT, Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties (ARCP), has reached an agreement with the Securities Exchange...

Court Grants Preliminary Approval to Settle $1 Billion Vereit/ARCP Class Action

Vereit Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties (ARCP), disclosed that during a hearing on Thursday, the...

AR Capital and Schorsch to Settle SEC Charges for $60 Million

The Securities and Exchange Commission has charged AR Capital LLC, its founder Nicholas S. Schorsch, and its former CFO Brian Block with wrongfully obtaining...

Vereit Settles Additional ARCP-Related Lawsuits

Vereit Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties (ARCP), has entered into additional settlement agreements with shareholders...

Brian Block Denied New Trial for ARCP Accounting Scandal

Brian Block, former chief financial officer of American Realty Capital Properties, was denied a new trial after being convicted of intentionally reporting false numbers...

Vereit Reaches Settlement with Additional Shareholders

Vereit Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties (ARCP), has agreed to settle claims with additional shareholders...

Vereit to Settle Four ARCP Lawsuits for $42.5 Million

Vereit Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties (ARCP), has agreed to settle another batch of lawsuits...
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