Tuesday, May 24, 2016

American Realty Capital Global Trust II, Healthcare Trust, Realty Finance Trust, American Realty Capital - Retail Centers of America, American Realty Capital Healthcare Trust III, American Finance Trust, or Global Net Lease

AR Global -Related REITs’ Proposed Merger Investigated by Securities Lawyers on Behalf of Potentially Disadvantaged Investors The Peiffer Rosca Wolf securities attorneys are investigating potential claims and preparing to take action on behalf of investors who invested in a number of real-estate investment trusts controlled by AR Global, a New York-based asset manager. Specifically, AR Global’s American Finance Trust Inc. and Global Net Lease Inc. are expected to acquire five other real estate companies managed by the firm, including Healthcare Trust Inc., Realty Finance Trust Inc., American Realty Capital – Retail Centers of America Inc., American Realty Capital Healthcare Trust III Inc., and American Realty Capital Global Trust II Inc. However, this proposed consolidation may only be good for management not shareholders. Because the acquiring REITS have unusual, difficult to break 20-year advisory contracts with AR Global, by consolidating the other REITS that do not have the same 20-year advisory contracts, AR Global, as the manager of two larger REITS, would create a larger source of fee revenue over a long period of time, benefiting the managing partners of AR Global not the shareholders. In fact, a former independent director of two nontraded real estate investment trusts controlled by AR Global claims “a manifest conflict of interest” in the potential merger of the REITs. The independent director went on to further say “I am highly suspect as to whether a merger of RFT into [American Finance Trust] is in the best interest of our shareholders and unless and until we fully analyze our other options, I am concerned about our legal exposure,” and adding that corporate governance at the company was, at best, “shoddy.”

Wednesday, May 11, 2016

Jean Walsh-Josephson Allegedly Stole $4 Million from Elderly Clients over Past Ten Years

Jean Walsh-Josephson, a longtime Oshkosh financial adviser for Thrivent Financial for Lutherans, allegedly stole $4 million from elderly clients over the past 10 years, according to a Wisconsin civil action dated April 21 currently under review by attorneys Alan Rosca and Joe Peiffer. Walsh-Josephson, who is looking at more than 20 criminal charges of forgery, theft and resisting an officer in Winnebago and Outagamie counties, and also had her insurance license taken away, according to the aforementioned state civil action. The Peiffer Rosca Wolf securities lawyers are currently investigating Jean Walsh-Josephson’s alleged theft of $4 million from elderly clients. Jean Walsh-Josephson Ordered to Pay More than $1,500,000 in Civil Fines and Restitution Following Accusations She Allegedly Stole $4 million from Elderly Clients over Past Ten Years; Clients Literally Came to Walsh-Josephson with Buckets of Cash

Monday, May 9, 2016

Securities Lawyers in New Orleans

Mr. Carr practices in the areas of commercial litigation, securities arbitration, insurance disputes, and class actions.

Daniel graduated summa cum laude from Tulane University Law School in 2006. At Tulane, he served as Senior Articles Editor for the Tulane Law Review and was a fellow in the Legal Analysis program. Before attending law school, Daniel received a B.A. in English from the University of New Orleans, where he was a Patrick F. Taylor National Merit Scholar.

Prior to joining the firm, Daniel served as a law clerk to the Honorable Jacques L. Wiener, Jr., of the United States Court of Appeals for the Fifth Circuit and practiced at a commercial litigation firm in New Orleans.

Daniel is licensed to practice law in New Orleans, Louisiana, Fifth Circuit, Eastern, Middle, and Western Districts of Louisiana.