Brokerage firm RCS Capital Corp. filed for chapter 11 bankruptcy protection Sunday to implement a prearranged plan that calls for its lenders to pump $150 million into its Cetera Financial Group ...
RCS Capital announced that it has reached an agreement with the majority of its lenders to invest $150 million in new capital as part of a voluntary prepackaged bankruptcy. The agreement, to be ...
Editor's Note: This story was updated on Jan. 8 to include names of RCS Capital first-lien lenders. Once fast-growing RCS Capital said late on Monday it plans to file for Chapter 11 bankruptcy in late ...
RCS Capital expects to be closer to extricating itself from the problems associated with its former executive chairman, Nicholas Schorsch, after a second bankruptcy filing, scheduled to happen over ...
RCS Capital Corp. this weekend intends to take significant step in cleaning up its fiscal woes by making another round of bankruptcy filings that will include broker-dealer holding companies of its ...
Holding companies for the nation’s second-largest independent financial adviser network, Cetera Financial Group, filed for chapter 11 protection Sunday, initiating the second phase of the ...