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Vereit to Settle Eight ARCP Lawsuits for $85 Million

Publicly traded REIT Vereit Inc. (NYSE: VER) and its operating partnership have agreed to pay $85 million to settle previously disclosed litigations stemming from...

Larry Roth Launches New Consulting Firm, Partners with Berkshire Global Advisors

Financial services industry veteran Larry Roth has launched RLR Strategic Partners, a growth consultancy focused on the retail wealth management and asset management spaces....

AR Global’s American Finance Trust Completes First Day of Trading on...

American Finance Trust Inc., a former non-traded real estate investment trust sponsored by AR Global, completed its first day of trading on The Nasdaq...

Cetera Acquired by Private Equity Firm Genstar Capital

After months of speculation, Cetera Financial Group, the second largest independent broker-dealer in the nation, has agreed to sell a majority stake of its...

Feds Urge Appeals Court to Uphold Conviction of ARCP CFO Brian...

Federal prosecutors filed their brief with the Second Circuit Court of Appeals on Wednesday urging the court to uphold the conviction of Brian Block,...

Vereit Settles with Vanguard Over ARCP’s 2014 Accounting Scandal

Vereit Inc. (NYSE: VER), a publicly traded REIT formerly known as American Realty Capital Properties, has agreed to pay $90 million to Vanguard Specialized...

LPL and Advisor Group Parent Among Potential Cetera Buyers

LPL Financial and Advisor Group-owner Lightyear Capital are showing interest in buying Cetera Financial Group’s network of six independent broker-dealer firms, according to a...

Former ARCP Chief Accounting Officer Lisa McAlister Sentenced to Time Served

Lisa McAlister, the former chief accounting officer of American Realty Capital Properties Inc., was sentenced to time served and one year of supervised release...

Former ARCP CFO Brian Block Urges Court to Reverse Conviction

Brian Block, the former chief financial officer of American Realty Capital Properties and longtime partner of AR Global’s Nicholas Schorsch, is urging the Second...

Hospitality Investors Trust Investor Sues AR Global for Abuse of Trust

An investor in Hospitality Investors Trust, a publicly registered non-traded REIT formerly known as American Realty Capital Hospitality Trust, has filed a lawsuit claiming...