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ARCP Faces More Questions, SEC Probe in Face of Accounting Mistakes

2014-10-30 18:32:00| National Real Estate Investor

American Realty Capital Properties is continuing to face heat following yesterdays bombshell announcement that it had knowingly released inaccurate financial statements overstating its funds from operations and understated its net loss. Content Classification:  Curated read more

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Sec. of State Kerry calls for decision on Keystone XL pipeline 'sooner rather than later'

2014-10-29 03:56:28| Energy - Topix.net

U.S. Secretary of State John Kerry is seen before boarding his plane at Andrews Air Force Base in Maryland, en route to Ottawa, Canada, October 28, 2014. REUTERS/Carolyn Kaster/Pool U.S. Secretary of State John Kerry said on Tuesday during a visit to Canada that he would like to make a decision soon on TransCanada Corp's Keystone XL crude oil pipeline.

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Should The SEC Ask What Would Blackstone Do?

2014-10-28 03:03:33| Railroads - Topix.net

The Securities and Exchange Commission recently trumpeted its enforcement successes for its 2014 fiscal year. For an agency dedicated to full disclosure, there were some notable omissions, including: A New York federal jury verdict finding hedge fund manager Nelson Obus and his co-defendants innocent of insider trading; A Chicago federal jury verdict finding that an Illinois farmer and his three sons innocent of insider trading in Florida East Coast Industries, Inc. securities; Note that all of these losses occurred in an Article III court and 80% of them occurred after a jury trial.

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Keurig Green Mountain Receives Notification from the SEC Closing...

2014-10-18 10:21:05| Food - Topix.net

Keurig Green Mountain, Inc., , a leader in specialty coffee, coffee makers, teas and other beverages with its innovative brewing technology, today announced it has received notification from The Securities and Exchange Commission that it is closing the previously disclosed four-year inquiry into accounting and disclosure matters at the Company and would not be recommending any enforcement action against the Company or any of its current or former employees. "Since 2010, we have voluntarily cooperated with the government in an open and fulsome manner and we are very pleased to have this matter closed," said Brian Kelley, Keurig's President and CEO.

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SEC ends Keurig investigation with no action

2014-10-18 04:41:01| Beverages - Topix.net

Federal authorities have wrapped up a four-year investigation of Keurig Green Mountain without taking any action against the company. The Securities and Exchange Commission launched the inquiry into the company's accounting practices and its relationship with one of its vendors.

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