The world of corporate governance and shareholder voting appears to have plumbed new depths this week with charges of fraud being levied against a unit of RCS Capital Corp in relation to shareholder voting. http://www.sec.state.ma.us/sct/current/sctrealtycapital/Realty-Capital-Complaint-11-12-15.pdf

According to the complaint, RCS employees used “fake accents” to pass themselves off as real shareholders in order to meet high pressure management targets for soliciting the maximum number of proxy votes possible.

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