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Stock Market & Financial Investment News

News Breaks
June 19, 2014
17:21 EDTRCAPRCS Capital names Andrew Melnick as Chief Litigation Counsel
RCS Capital announced the hiring of Andrew J. Melnick, formerly a partner at Schindler Cohen & Hochman, as Chief Litigation Counsel. In this newly created role, Melnick will lead litigation management functions across the RCAP platform and support litigation and merger and acquisition efforts throughout the RCAP family of companies, while reporting to RCAP's general counsel.
News For RCAP From The Last 14 Days
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May 5, 2015
06:21 EDTRCAPRCS Capital raised $457M of total equity in April
RCS Capital announced that its wholesale broker-dealer subsidiaries, Realty Capital Securities, SC Distributors, and The Hatteras Funds raised approximately $457M of total equity capital in the month of April through 30 direct investment programs and registered investment companies. Sales of direct investment programs in April totaled nearly $430M, which represents an 85% increase over November 2014 sales. Total equity capital raised of $457M represents a 75% increase over November 2014 sales.
May 1, 2015
06:04 EDTRCAPRCS Capital expands board
RCS Capital announced the appointment of R. Lawrence Roth and Brian Jones to the company's board, effective immediately. Roth currently serves as CEO of Cetera Financial Group while Jones currently serves as the CFO of RCS Capital.

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