American Realty’s Accounting Under Review, Report
According to Bloomberg News, the U.S. Securities and Exchange Commission is set to review the accounting documents of American Realty Capital Properties, Inc.
A “person with knowledge of the matter” revealed the news to Bloomberg on Wednesday.
The source explained that the review was spurred after the company replaced two executives after mistakes were found in ARCP’s financial filings.
Image via flickr/401(K) 2012