Brian Block’s lawyer portrays prosecution witness as a liar
Lisa McAlister acknowledges she has lied before, but asserts she’s telling the truth now
June 21, 2017 | by Bruce Kelly | InvestmentNews.com
The defense for Brian Block hit back Tuesday at a key witness in the government’s securities fraud case against the former real estate executive, portraying the witness, Lisa McAlister, as a liar who would testify to almost anything to protect her family.
Mr. Block is the former chief financial officer of American Realty Capital Properties Inc., a giant net lease real estate investment trust, accused of securities fraud and other charges stemming from $23 million in inaccurate accounting entries.
Ms. McAlister, the REIT’s former chief accounting officer, has pleaded guilty to four fraud charges, and is expected to be sentenced after Mr. Block’s trial is over.
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