Landmark Lawsuit Filed Against SEC to Protect Future Whistleblowers

July 16, 2019

AR Capital LLC, Nicholas S. Schorsch, Brian Block

Financial Fraud

SANCTION AMOUNT: Approximately $60,750,000

Defendants: AR Capital LLC
Nicholas S. Schorsch, Brian Block

Defendants, in connection with a pair of REIT mergers, allegedly inflated their incentive fees in breach of the relevant proxy disclosures. They also allegedly obtained unsupported charges/fees from asset purchase and sale agreements entered into in connection with the mergers. They agreed to settle the charges.

Named one of the top whistleblower practices/attorneys in the country by The New York Times, Wall Street Journal and NPR
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