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  "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-06-07 00:00:00",
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  "notes": "The slide uses a Bloomberg terminal screenshot to anchor the stock price drop to the specific date of the 8K filing.",
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      "kind": "callout",
      "text": "VER's stock price plummets by ~40% wiping out $4.5bn in equity capitalization value due to manipulating AFFO results",
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      "text": "Stock Performance on Event",
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      "kind": "list",
      "text": "Formerly American Realty Capital Properties, Inc. (NYSE: ARCP)\nFormer Executive Chairman Nick Schorsch\nIssue: A fraudulent scheme in 2014 to manipulate and falsely report, AFFO and AFFO per share\nLinkages: Manipulation of non-GAAP results",
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      "text": "equity capitalization: $4.5bn",
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      "kind": "quote",
      "text": "10/24/14 -- VER issues 8K that AFFO had been overstated. The audit committee further concludes that the error had been indentified, but intentionally not corrected.",
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      "text": "Source: VER 8K from 10/24/14, Bloomberg",
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      "text": "Case Study: VEREIT Inc. (NYSE: VER)",
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