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$RILY, a company connected to Bryant Riley, is facing scrutiny and allegations of fraud. Concerns include financial restatements, insider dealings, and potential delisting from Nasdaq. Various parties, including AlderLaneEggs, FriendlyBearSA, and AureliusValue, are actively criticizing and investigating $RILY's actions. The company's stock performance is under question, with implications of legal repercussions and regulatory actions looming.
Re-upping because the signal here was likely much more than noise $RILY -- good luck to those betting that Nomura is not distancing itself from this dumpster fire and completely freaked out. Pulling the sponsorship in front of no financials is no coincidence. @AlderLaneEggs https://t.co/X7qeYTnv0Y
What Wall Street Firm would be stupid enough and I mean stupid to be in the stock Loan Business with the Frauds at $RILY ? @AureliusValue @FriendlyBearSA https://t.co/gZwuWNPiag
$RILY can be halted or seized anyday.. Who would ever trade a share with them is beyond me.. What does @nomura and @finra do tomorrow? @FriendlyBearSA @AureliusValue https://t.co/p7clmVP9Vq