SEC suspends former ARCP accounting officer Lisa McAlister

SEC suspends former ARCP accounting officer Lisa McAlister

The Securities and Exchange Commission has permanently suspended Lisa McAlister, the former chief accounting officer of American Reality Capital Properties Inc.

In a settlement in which she consented to the agency’s findings, the SEC said that Ms. McAlister “engaged in a fraudulent scheme to manipulate and falsely report a key financial metric” at the real estate investment firm where she was chief accounting officer from November 2013 until her resignation in October 2014.

 

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