B. Riley

RILY

ATLANTA, GA – – (Globe Newswire – January 25, 2024) – – Holzer & Holzer, LLC informs investors that a shareholder class action lawsuit has been filed against B. Riley Financial, Inc. (“B. Riley” or the “Company”) (NASDAQ: RILY). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material information regarding the Company’s business, operations, and prospects, including allegations that: (1) Franchise Group, Inc.’s (“FRG”) CEO, who is a client of B. Riley, had been credibly implicated in a conspiracy to defraud investors of millions of dollars; (2) in spite of this involvement, B. Riley continued to finance the transaction enabling FRG’s CEO and others to take FRG private through complex arrangements; and (3) that the foregoing was reasonably likely to draw regulatory scrutiny to B. Riley.

If you bought B. Riley shares between  May 10, 2023 and November 9, 2023, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Marshall Dees, Esq. at mdees@holzerlaw.com, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at www.holzerlaw.com/case/b-riley/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is March 25, 2024.

Registration Deadline

Lead Plaintiff Deadline Has Passed

March 25, 2024

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