"The accountant for eight nontraded real estate investment trusts managed by Nicholas Schorsch's privately held real estate manager, American Realty Capital, has resigned. Grant Thornton on Jan. 22 resigned as the independent registered public accounting firm for the eight REITs, including American Realty Capital Trust V, the last of the extremely popular ARC net lease REITs that Mr. Schorsch brought to the market after the financial crisis. Although the accounting firm resigned last week, the filings announcing the action weren't filed with the Securities and Exchange Commission until Wednesday."
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Last October Mazars made a huge deal about its new brand identity, including a revamped logo that we thought was as bland as paste. Maybe the firm could have added a little orange to it, ya know, in honor of its most famous client in the U.S. Whatever. It is what it is. But while […]
If Cleveland-based public accounting firm Cohen & Co. were an English Premier League goalkeeper, the firm would have gotten a clean sheet. Or if you’re not a fan of European soccer but like the NHL, Cohen & Co. would be like a goalie who finished the game with a shutout. In its 2019 PCAOB inspection […]