For the ARCP
, the Neda said there was limited information of the agrarian-reform beneficiaries organizations on value-chain system and limited technical capacity on the part of the local government units.
In 2014, ARCP
-- a publicly traded REIT -- was set to file its financial statement for the second quarter, when an employee told Block and McAlister that there was a methodological error in some of the firm's calculations and that its average funds from operations (or AFFO) were overstated by roughly $0.03 per share.
These relationships became negligible when the adjusted RCP (ARCP
) was used in models II and III (-0.006 to 0.13).
In the case of the ARCP
, state auditors found that the DAR had used up P3.6 billion out of its P4.8-billion allocation but only 2.25 percent of the projects had been completed.
The class action suit, which was originally filed by teachers' pension funds last January, accused ARCP
's managers of inflating stocks for takeovers.
has agreed that, upon receipt of the cash payment and promissory note, ARCP
will dismiss with prejudice its lawsuit against RCS Capital and the acquisition of Cole Capital will not proceed.
, which is led by co-founder and Chairman Nicholas Schorsch, is a sister company of RCAP; Schorsch is executive chairman of RCS Capital, which includes about 9,700 affiliated independent advisors.
's ex-CFO Brian Block is now on trial in New York for securities fraud.
WG Little Rock Bowman AR LLC, an affiliate of American Realty Capital Properties Inc.
American Realty Capital Properties (ARCP
), a publicly-traded REIT, is not to be confused with its parent company, American Realty Capital.
Like RCAP, they emphasized their corporate independence from ARCP