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Monday, March 2, 2015

American Realty probe reveals weak controls



MarketWatch.com - Financial Services Industry News http://ift.tt/1ByTzbh Shares of American Realty Capital Properties Inc. rose 3% Monday after the real-estate investment trust said it had concluded its internal investigation into accounting irregularities. Last October, American Realty Capital Properties said it had made an error in its first-quarter 2014 financial results and covered up the mistake by misstating results for the second quarter.


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