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Brixmor plunges as executives resign after review findings
Staff found "smoothing" income to make quarterly results more consistent
Add BT as a preferred sourcePublished Wed, Feb 10, 2016 · 09:50 PM
New York
BRIXMOR Property Group Inc shares plunged after chief executive officer Michael Carroll and two other executives resigned following a discovery by the company's audit committee that employees were "smoothing" income to make quarterly results more consistent.
The New York-based shopping-centre landlord named Daniel Hurwitz, former CEO of DDR Corp, interim CEO.
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