Schorsch Retreats to Background While Meister Targets ARCP
The news comes as shareholder lawsuits hit sister company RCS Capital.
RCS Capital Faces Class-Action Shareholder Lawsuit
Suit filed by Pomerantz seeks to recover damages on behalf of those who bought RCS Capital securities between Feb. 12 and Oct. 31.
Case-Shiller: U.S. Home Price Growth Slows in October
Home prices across the U.S. rose in October, but at a slower rate than in September, according to the S&P/Case-Shiller Home Price Indices released Tuesday.
Schorsch Leaves Boards of RCS Capital, 12 Others
Nicholas Schorsch resigned from the boards of RCS Capital Corp., New York REIT Inc. and 11 nontraded REITs and direct investment programs.
Assessing Risk in Real Estate Investing, Pt. 1: The Overview
Presenting the historical context of risk in real estate investing, along with an overview of the primary sources of risk in a real estate portfolio.
Schorsch’s Issues Extensive but 'Isolated,' Says Nontraded REIT Expert
Most companies in the business are able to avoid such accounting errors and fallout, says exec at Robert Stanger.
Regulators Widen Probe of Schorsch-Related Issues, Companies
Massachusetts authorities want to better understand accounting errors at the nontraded REIT firms.
Schorsch Denies ARCP Book-Cooking Allegations
The charges were raised by the firm’s former chief accounting officer in a lawsuit.
Schorsch Accused of Manipulating ARCP’s Books
A complaint filed by former accounting chief alleges that Schorsch told executives to manipulate quarterly results in July.
Investment Myth-Buster: Small-Cap Stocks Don’t Bring Bigger Returns
Research Affiliates painstakingly debunks the cherished notion of a small-cap premium.