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conix

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conix

Re: EMPATHY post# 40

Tuesday, 11/04/2014 1:37:11 PM

Tuesday, November 04, 2014 1:37:11 PM

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American Realty Capital Falls After RCS Drops Cole Purchase

Bloomberg

American Realty Capital Properties, Inc. extended a share plunge after the sale of its Cole Capital private-capital management unit was terminated amid an FBI investigation into accounting errors announced last week.

Securities America Halts Sales of ARC Nontraded REIT

InvestmentNews

Securities America, Inc., with 1,772 registered reps and advisers, confirmed Friday it had temporarily suspended sales of two American Realty Capital-related REITs: the Phillips Edison-ARC Grocery Center REIT II and Cole Capital Properties V, one day after another large independent broker-dealer made a similar move.
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