RILY - B. Riley Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm | Benzinga
BOSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating B. Riley Financial, Inc. (NASDAQ:RILY) for potential securities law violations. Investors who have lost money in their B. Riley Financial, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/rily.
What is this all about?
Before the market opened on January 22, 2024 B. Riley Financial released a statement in response to a Bloomberg News article from January 21, 2024 regarding an inquiry about a possible U.S. Securities and Exchange investigation into the Company's relationship with hedge fund Prophecy Asset Management. B. Riley denied any knowledge or involvement with an investigation of Prophecy and blamed short sellers on disseminating false ...