Bryant Riley and Brian Kahn Accused of $RILY Fraud, Affecting Citadel, Millenium, and Holbrook Holdings

Bryant Riley, associated with $RILY, is under significant scrutiny for alleged fraudulent activities and mismanagement of financials, including statements about the "audit partner at Marcum left" and admissions of mistakes. Alongside Brian Kahn, Riley faces accusations of misleading stakeholders, including Citadel and Millenium, about the company's audit processes and financial stability. The controversy extends to Holbrook Holdings and its portfolio, including $BW, with critics suggesting Riley's resignation might be imminent. Regulatory bodies like FINRA are highlighted due to the lack of audited financials by Spicer Jeffries and the departure of LaRocca, prompting discussions about the legal and financial implications for Riley and $RILY. Mike Frank's alleged provision of inappropriate information to callers further complicates the company's standing.