Months after its former CFO was sentenced to 18 months in prison, VEREIT is inching towards dodging legal repercussions for its role in an accounting scandal. Last November, a Manhattan judged ruled against Brian Block, who used to be an executive at the retail-and-office real estate investment trust under former chairman Nicholas Schorsch, handing down a conviction for six counts of fraud. Block was found guilty of filing false financial statement to deceive investors and the SEC. […]
source https://therealdeal.com/2018/05/04/vereit-negotiating-with-sec-for-dismissal-of-potential-fraud-charges/
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