Tagged: mark auerbach

RCS Capital Corporation Unveils 3rd Quarter Results as Massachusetts Securities Regulator Alleges Fraud

RCS Capital Corporation (NYSE: RCAP) announced financial results for the quarter ending September 31st. Q3 EPS was stated at $0.10.  This missed analyst expectations by $0.03/share.  Revenue for the quarter stood at$589.6 million or, excluding $48.7 non-cash revenue, $540.9 million. The release comes on the heal’s… Read More

RCS Capital Names R. Lawrence Roth & Brian D. Jones New Board of Director Members

RCS Capital Corporation (NYSE:  RCAP) (“RCS Capital”) today announced the appointment of R. Lawrence “Larry” Roth and Brian D. Jones to the Company’s Board of Directors, effective immediately. Roth currently serves as Chief Executive Officer of Cetera Financial Group while Jones is the Chief Financial Officer of RCS Capital…. Read More

Brief: Mark Auerbach is New Board Chairman at RCS Capital

RCS Capital has made several changes to the Board of Directors including the appointment of Mark Auerbach as Board Chair, effective immediately.  Auerbach succeeds Nicholas Schorsch who has decided to step down. Simultaneously William Kahane has resigned from the RCS board as well. Auerbach commented… Read More

RCS Capital Corporation Issues Statement Regarding Recent Market Developments

RCS Capital Corporation (“RCS Capital”), in light of recent market developments, issued the following statement: CEO of RCS Capital, Michael Weil stated,”The fundamentals driving the success of our business remain strong and unchanged.  Our confidence in the long-term prospects for the company is resolute. There… Read More

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