By Steve Kardell | Published October 29, 2020 | Posted in Fraud | Tagged Tags: defrauded investors, financial fraud, Securities and Exchange Commission, Veriet |
The United States Securities and Exchange Commission (SEC) recently charged Vereit, Inc. (previously known as American Realty Capital Properties, Inc.) with intentionally overstating important performance metrics, a form of fraud. As a result, Vereit agreed to settle the charges by paying an $8 million penalty, which will be shared among defrauded investors. Case background According Read More
Read More