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$RILY @FriendlyBearSA @AureliusValue ; RILY Mgmt think they are playing fast and lose with rules and regulations. Actually financial crime and securities law violations to misreport, mislead, abuse shareholders rights and misuse Corporate assets. In a merger if you issue…
Bryant Riley is a certified dumb ass aka Asshat. Only knows how to burn shareholder value not build. RILY’s balance sheet must be marked to market and restated for these soon to be delisted and or bankrupt public companies: BW, Conn, XELA, SNCR, LILM. Investors also deserve an… https://t.co/IGWGy8Skdc
$RILY latest IPO https://t.co/BIz1Aoo3kA
B. Riley Financial, Inc. (RILY) is currently under scrutiny for various allegations of misconduct, including securities fraud, stock manipulation, and misleading investors, as highlighted by multiple tweets from users such as AlderLaneEggs and direports. The company, led by Bryant Riley, who is labeled a 'Greedy Pig', is accused of operating as a lender to desperate parties and investing shareholder money in fraudulent activities. Criticisms also extend to the company's management practices, with claims of financial crime, securities law violations, and misuse of corporate assets. An SEC investigation update report sent to clients in March by direports confirmed undisclosed investigative activity at RILY as of March 16, 2024. The situation has also led to a backlash from the Reddit community, with some calling for a reevaluation of RILY's financial statements and business practices.