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Allegations of misconduct and fraud have been raised against B. Riley Financial Inc. ($RILY) by various Twitter users. The accusations include insider trading, fake marks, and money laundering. Concerns have been expressed about the company's financial practices, with specific criticism directed at the CFO for discounting Level 3 financial assets. Additionally, claims have been made about employees working on Reddit boards, leaking material non-public information (MNPI), and engaging in manipulative actions. Former directors and employees have been accused of pumping the stock and spreading false information. The situation has sparked discussions about potential criminal activities and calls for regulatory intervention.
Pavitt is another paid shill who is being fed BAD MNPI to manipulate $RILY.. There will be consequences https://t.co/EwqIpsF2gH
Next time $RILY claims it doesn't use shills, take note a former director and 17yr employee has been manning Reddit and other message boards pumping, including spreading false info matching company talking points. And no, the NT doesn't match the talking points. @AlderLaneEggs https://t.co/yrMjFBbyoM
Shane Pavitt is now a person of Interest who is Leaking MNPI (Bad) on Reditt. he will find himself in very in Hot Water if this persists. @EricRajewski1 I suggest you Run from the building for you are in on it as well.. "one of the most well respected firms on Wall Street". I… https://t.co/r8Yeian6BD