Update For Buyers of American Realty Capital Properties (RCAP)

AdobeStock_91053286-1-300x194Did you invest money with American Realty Capital Properties (ARCP)? If so, you may be entitled to recover money lost. ARCP is a bankrupt brokerage formerly controlled by Nicholas Schorsch and a complaint was filed against him and his partners of siphoning off revenue from RCAP and funneling it to AR Capital, another company controlled by Schorsch. In October 2014, ARCP, disclosed $23 million in accounting mistakes from earlier in the year that were intentionally not corrected. This led to many other complaints against the REIT and Schorsch himself. If you invested in RCAP, you may be entitled to recover your losses in the arbitration process. Please call us today to find out how we can help you recover them on a contingency fee basis. The call is free with no obligation. 312-332-4200.

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