VEREIT pays $43M in latest round of
legal settlements
VEREIT continues to settle legal claims in relation to a 2014 accounting scandal under former chief executive Nicholas Schorsch....
nicholas schorsch
The Latest
Schorsch REIT sued for providing “misleading” information to shareholders
Shareholders of Nicholas Schorsch-controlled REIT American Finance Trust are suing over an IPO that wiped $1 billion off the...
Former exec says Schorsch was in on discussions about American Realty Capital fraud
The former chief accounting officer of American Realty Capital Partners testified this month that the company’s former chairman, Nicholas...
Schorsch’s AR Global planning $10.5B REIT consolidation
AR Global, the scandal-hit real estate investment firm led by Nicholas Schorsch, is reportedly planning to consolidate more than...
Nick Schorsch’s former muscle suing AR Capital
Big business’ answer to “Oddjob” is striking out against his former patron. Nicholas Schorsch’s ex-bodyguard and driver is suing...
New York REIT: A tumultuous 20 months
At the Schack Institute’s REIT symposium last year, Nicholas Schorsch was the man of the moment. Not only did his panel draw big crowds, but many of his fellow speakers touted his remarkable New...
SL Green nears deal to acquire New York REIT
SL Green Realty is close to finalizing a deal to buy New York REIT, according to Bloomberg. The deal...
Schorsch-linked firm rigged shareholder vote: regulator
Massachusetts’ top securities regulator accused a company partly owned by Nicholas Schorsch of a complex corporate governance manipulation scheme...
Apollo, AR Capital call off $378M deal for Schorsch holdings
The deal that would have seen Leon Black’s Apollo Global Management acquire a majority of the holdings of Nicholas...
Apollo buys majority stake in American Realty for $378M
UPDATED, 5:35 p.m., August 6: Apollo Global Management is acquiring a majority stake in AR Global Investments, a new...