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B. Riley Financial Inc. ($RILY) is facing scrutiny from various individuals and groups on social media, with allegations of misconduct and negligence. Marc Cohodes, a notable figure in the financial sector, has been vocal about his intent to continue his efforts against the company until significant legal actions, such as arrests or indictments, occur. Several users have pointed out potential issues with the company's board and have called for resignations. Additionally, there are claims of criminal activities and associations with paid stock promoters and questionable financial advisors. Nokomis is reportedly attempting to distance itself from fraudulent posts related to these allegations.
Well Nokomis is now apparently trying to clean up it's paper trail ties to these fraudulent posts but it's already too late. $RILY @AlderLaneEggs https://t.co/lQUBG79yZl
Co-signed what Marc said below. Leaving my Twitter DMs open has unearthed a vast trove of information on $RILY, not to mention their criminal affiliates, paid stock touts, scummy RIAs, etc. Protecting sources is key to being an activist short seller against a rotten… https://t.co/6Cw52Jcplp
There are some very sharp people who have now focused on $RILY on twitter. The long knives are out for this Criminal Operation and its good to see. I have many sources here and if you have something to say in confidence, my DM's are open and I always protect sources.
