NASDAQ: RILY

B. Riley Financial, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of B. Riley Financial, Inc. (NASDAQ: RILY) between May 10, 2023 and November 9, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2024.

If you purchased B. Riley Financial, Inc. common stock during the Class Period and would like to join the action, please click “Join This Class Action.”

集体诉讼期:May 10, 2023 through November 9, 2023

截止期限:

27 Days
If you purchased B. Riley common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

案件详情:

According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:

  • Brian Kahn, Chief Executive Officer of Franchise Group, Inc. (“FRG”), had been credibly implicated in a conspiracy to defraud investors of millions of dollars;
  • in spite of this involvement, B. Riley continued to finance the transaction enabling Brian Kahn and others to take FRG private through complex arrangements;
  • the foregoing was reasonably likely to draw regulatory scrutiny to B. Riley; and
  • as a result of the foregoing, defendants’ positive statements about B. Riley’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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公司名称: B. Riley Financial, Inc.
股票代号: RILY
集体诉讼期: United States District Court Central District of California
法院: May 10, 2023 through November 9, 2023

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