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Allegations of fraud and deception surround RILY as individuals question the company's audits and transactions. Concerns raised about undisclosed auditor departures and misleading information. Tensions escalate with accusations of criminal activities and lack of transparency in financial dealings. Recent events include the acquisition of Targus Group by RILY and significant ownership changes within Targus Group, culminating in the CFO's resignation or termination in December 2023.
$RILY and TARGUS GROUP ... the grand finale!!! 5. TAGRUS GROUP CFO Resigned OR was TERMINATED: December 22, 2023! https://t.co/Van0zkacsi https://t.co/SD22xCRrjQ
$RILY and TARGUS GRUOP 4. HOLDCO then gained back ownership on November 23, 2023 https://t.co/GEWTf2qLxF https://t.co/PJOLceK4A6
$RILY and TARGUS GRUOP 3. For a period of 7 weeks around sept-nov 2023, NTERNATIONAL HOLDCO (UK) LIMITED .... cheased to be the only owner of TARGUS GROUP (UK) LIMITED - became a 25 to 50% owner Date: Sept 29, 2023 https://t.co/RS1pkqsq9r https://t.co/MSTd96hvGw