RILY - Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against B. Riley (RILY) | Benzinga

NEW YORK, March 19, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons and entities who purchased or otherwise acquired securities of B. Riley Financial, Inc. ("B. Riley" or the "Company") (NASDAQ:RILY) between May 10, 2023 and November 9, 2023, both dates inclusive (the "Class Period").

B. Riley is a financial services platform. The Company, through its subsidiaries, provides services including: investment banking, brokerage, wealth management, asset management, direct lending, business advisory, valuation, and asset disposition. B. Riley's clients include public and private companies, financial sponsors, investors, financial institutions, and individuals.

Brian Kahn ("Kahn") is a client of B. Riley and Chief Executive Officer of Franchise Group, Inc. ("FRG"). In May 2023, B. Riley entered into an agreement to ...

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