RILY - RILY 1-WEEK DEADLINE ALERT: Hagens Berman National Trial Attorneys Encourages B. Riley (RILY) Investors Who Suffered Substantial Losses to Contact Firm's Attorneys Before Mar. 25th Deadline in Securities Fraud Class Action | Benzinga

SAN FRANCISCO, March 18, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges B. Riley Financial, Inc. (NASDAQ:RILY) investors who suffered substantial losses to submit your losses now.

Class Period: May 10, 2023 – Nov. 9, 2023
Lead Plaintiff Deadline: Mar. 25, 2024
Visit: www.hbsslaw.com/investor-fraud/RILY
Contact An Attorney Now: RILY@hbsslaw.com
                                                    844-916-0895

B. Riley Financial, Inc. (NASDAQ:RILY) Securities Fraud Class Action:

The accuracy of B. Riley's disclosures about its involvement in a client's (Franchise Group or "FRG") Aug. 21, 2023 $2.8 billion take-private transaction and its arrangements with FRG's now former CEO (Brian Kahn) has again come into question.

Specifically, on Feb. 12, 2024, after the market closed, The Wall Street Journal published an article entitled "Unraveling the Money Trail at B. Riley Financial." In it, the WSJ observed that, in an Aug. 28, 2023 press release, B. Riley said it invested $216.5 million of new capital in the FRG transaction in contrast to the company's later Nov. 9, 2023 disclosure that it ...

RILY) Investors Who Suffered Substantial Losses to Contact Firm's Attorneys Before Mar. 25th Deadline in Securities Fraud Class Action>Full story available on Benzinga.com