RILY - Kirby McInerney LLP Reminds B. Riley Financial Inc. (RILY) Investors of Class Action Filing and Encourages Investors to Contact the FirM | Benzinga
NEW YORk, Feb. 02, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of those who acquired B. Riley Financial, Inc. ("B. Riley" or the "Company") (NASDAQ:RILY) securities during the period of May 10, 2023 through November 9, 2023, inclusive ("the Class Period"). Investors have until March 25, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
[Click here to learn more about the class action]
In May 2023, B. Riley entered an agreement to support its client, Brian Kahn, in leading a management buyout of Franchise Group, Inc. (FRG), partially financed by Nomura and completed as a $2.8 billion deal on August 21, 2023. On November 2, 2023, The Department of Justice charged John Hughes, an executive of Prophecy Asset Management, with conspiracy to defraud investors of $294 million. ...
RILY) Investors of Class Action Filing and Encourages Investors to Contact the FirM>Full story available on Benzinga.com