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Movers & shakers: Dec. 16, 2014

Dec 15, 2014 - The Deal Pipeline
Board and Executive Moves-Mergers and Acquisitions

The top brass at American Realty Capital Properties Inc. is departing after accounting errors at the swelling REIT were revealed in October. The FBI and Securities and Exchange Commission are investigating.

ARCP said results from the first two quarters were overstated and that 2013 results could not be relied upon. The errors were intentionally concealed and chief financial officer Brian Block and chief accounting officer Lisa McAlister resigned at the time, but executive chairman Nick Sch...