$RILY Under Scrutiny for Potential Financial Irregularities as Feb 29 Looms

Recent discussions on Twitter have raised concerns about potential financial irregularities involving $RILY, with various users alleging manipulation and questionable audit practices as Feb 29 looms. Critics point to a series of events, including a controversial press release, changes in audit personnel expertise descriptions from 'expertise' to 'knowledge', and the firm's financial strategies under Bryant Riley's leadership. Notably, there has been speculation about the impact of these issues on $RILY's future, including its stock price potentially dropping to $7 at best and the ability to maintain trust in its financial services. The situation has prompted calls for more rigorous oversight, with some suggesting that the audit committee should retain independent counsel to ensure thorough investigation. Questions have also been raised about the firm's investments, particularly in TARGUS and the FRANCHISE Group, and their impact on the company's solvency.