Why would $RILY cover this up? "As you likely know…. I spoke to Nasdaq today about the delinquency notice. Assume it was sent 3/18 automatically which has them required to issue press release by the 4th day (today). No 8k required per Nasdaq but halt can come the day…
$RILY is sitting on a delisting notice which is MATERIAL... Its time to end this Circus @FINRA @SECGov @AureliusValue @FriendlyBearSA
$RILY can also get delisted at anytime which they are covering up from Investors @FINRA @SECGov @AureliusValue @FriendlyBearSA
Tupperware Brands Corp ($TUP) faces a potential delisting from the stock market if it fails to file its 10-Q by March 31, without an extension, possibly moving to the expert market. Meanwhile, B. Riley Financial Inc. ($RILY) is under scrutiny for missing its filing deadline for the K report, raising questions about potential disagreements or restatements with auditors. Critics, including AlderLaneEggs, have expressed concerns over the apparent lack of action from regulatory bodies like FINRA and the SEC, as well as the implications of a delisting notice that $RILY has allegedly received but not disclosed. The situation has led to discussions about the integrity of the audit process, with reports of the Audit Partner being benched and accusations of security fraud against $RILY's IR representative Mike Frank and the Chair of the Audit Committee, Randy Paulson.