A series of tweets has highlighted allegations of stock manipulation and misinformation campaigns involving B. Riley Financial, Inc. (RILY), Kennedy Capital Management, and individuals associated with these entities. Accusations include the creation of fake stock promotion posts by insiders, including Christian McDonald, who allegedly harassed individuals over weeks, and Shane Pavitt, co-founder of RILY. Further allegations involve McDonald's wife being placed on the $APLD board, and the use of fake ape Reddit accounts by a portfolio manager at the $5B RIA Kennedy Capital Management to influence retail investors. Legal concerns have been raised regarding these activities, with suggestions that significant legal problems are imminent for those involved, especially in light of the company being financed by ponzi conspirator Kahn. Jimmy Baker has been named President of B. Riley Securities amid these controversies. The situation has drawn attention to the regulatory oversight of RILY by entities such as the SEC, FINRA, and Nasdaq, and calls for investigation into the alleged stock manipulation practices.
$RILY CEO share's were pledged to Axos right? Someone can explain me the meaning of this Filing 02/06/2024 I just few days before $RILY failed to publish it's 10K! Just a routine filing? I always have a hard time believing in coincidences @AlderLaneEggs @FriendlyBearSA https://t.co/hOkphZJWxZ
$RILY $APLD the real mystery is ... how the hell did the Kennedy Capital Housewife end up on the $APLD board? So many incestuous dynamics at the $RILY complex! I believe $APLD CEO worked at Kennedy before joining/selling to $RILY @AlderLaneEggs @FriendlyBearSA @WolfpackReports https://t.co/sHpkTXMiSZ
Real journalism is about telling investors that on MMTLP they listen to “Drew,” @denniskneale and the Bird Lady at their own peril. Sad ha! https://t.co/Gjk5J8gDsn