Recent tweets raise questions about the auditing of B. Riley Securities and B. Riley Wealth, as Spicer Jeffries, the former auditor, no longer serves any B. Riley entity. Concerns about lack of disclosure regarding the auditor departure have been highlighted. Additionally, there are accusations of deception and lies surrounding $RILY, with ongoing discussions about the Targus Group acquisition and ownership changes, including the resignation or termination of the CFO. The crisis PR firm for $RILY is mentioned, along with speculations about potential losses in store for the company.
From a person with knowledge of the $RILY situation ; "For any retail that are holding on to RILY - you should sit this one out. - I wouldn’t be surprised by them threatening people. Have you seen the emails of Andy Moore threat to employees? (“It will be noted “) and Bryant…
This is where we now are in the World.. I cant wait for them to get after Bryant Riley $RILY https://t.co/4dQ7IpOyXF
April 19th $7.50 puts now $0.50 (down 33% so far this week). More losses in store for today? $RILY https://t.co/9LJBnIkgtY https://t.co/myfuedStZb