At one time, major brokerage houses ran large, expensive training programs for thousands of young brokers, and now it looks as if they are about to return to that model.
He will be replaced by Scott Seese, most recently at American Express, and known for being a 'digital disruptor.'
Lisa McAlister acknowledges she has lied before, but asserts she's telling the truth now.
Former exec says he repeatedly warned of accounting mistakes in REIT financials
Attorney questions why Ryan Steel didn't raise accounting concerns with firm's auditor or law firm.
With regulations and other factors changing the marketplace, the publicly traded REIT will focus on its core business in the net lease market.
A former high-ranking executive testified that he repeatedly raised warnings of an accounting error at the real estate investment trust.
Mr. Block last year pleaded not guilty to charges, including conspiracy and securities fraud, stemming from accounting at the REIT once controlled by Nicholas Schorsch.
The firm is cutting more than 1,500 funds that no longer meet its due diligence standards.
Brokers will be paid a flat rate based on clients' retirement assets, not transactions.
