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Advisor Vows to Fight FINRA Charges of Inappropriate REIT Sales

The Financial Industry Regulatory Authority’s Department of Enforcement filed a disciplinary proceeding against Mark Sam Kolta, who, while associated with former FINRA member firm...

Schorsch-Related SPAC to Liquidate

G&P Acquisition Corp. (NYSE: GAPA.U), a publicly traded special purpose acquisition company led by former non-traded REIT kingpin Nicholas Schorsch, announced that it will...

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...

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...

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...

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,...

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...

SEC Obtains Final Judgment Against Former CFO of American Realty Capital...

The Securities and Exchange Commission announced that the United States District Court for the Southern District of New York entered a final judgment against...