Fir Tree Capital Opportunity Master Fund, L.P. et al v. American Realty Capital Properties, Inc. et al
Case Number:
1:17-cv-04975
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December 15, 2017
Funds' Swaps Suit Against Vereit, Schorsch Largely Survives
Investment funds that sued Vereit Inc., its former CEO Nicholas Schorsch and others over tens of millions of dollars in losses allegedly caused by the defendants' fraud fended off dismissal for most of their suit Thursday, with a Manhattan federal judge finding the case had legs.
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July 05, 2017
American Realty Facing Investor Suit Over 2014 Swaps
A group of investment funds that bought security-based swaps based on the common stock of American Realty Capital Properties Inc. filed suit Wednesday in New York federal court, alleging securities fraud and common law fraud that resulted in a price meltdown after the company reported its books were cooked.