In another blow for Nicholas Schorsch, who just stepped aside from day-to-day management of independent broker-dealer giant RCS Capital, accounting firm Grant Thornton resigned as the auditor of REITs managed by Schorsch's American Realty Capital, according to SEC filings.
The filings did not give a reason for the professional parting, but said "there were no disagreements between the companies on any matters of accounting principles or practices, financial statement disclosure or auditing scope or procedure. It also specified that "there were no reportable events as that term is defined by federal regulations.
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