#USA #New York #Investor Claims #Moore Law #B Riley Financial

Moore Law Encourages Investors of B Riley Financial, Inc. to Act

Moore Law, PLLC, a well-regarded securities and shareholder law firm situated on Wall Street, has started investigating potential claims concerning B Riley Financial, Inc. (NASDAQ: RILY). Investors who acquired shares of B Riley Financial prior to May 2023, and still hold those shares, are recommended to reach out to the firm.

In May 2023, B Riley Financial made headlines by entering into a critical agreement aimed at facilitating a management buyout of Franchise Group, Inc. (FRG), valued at an impressive $2.8 billion. Following the closure of this deal on August 21, 2023, questions have arisen regarding the conduct of the company's executives and the disclosures made to investors. Moore Law is particularly focused on claims that the company possibly failed to disclose essential information linked to its CEO, Brian Kahn.

The legal investigations revolve around Kahn being implicated in a conspiracy that allegedly defrauded investors of significant sums. Shockingly, even with these grave concerns, B Riley Financial seemed to proceed with financing the transaction that would take FRG private. This raises serious questions about regulatory scrutiny and the integrity of their public statements.

Moreover, the ramifications of these events have already materialized in the form of substantial stock price drops; shares of B Riley Financial have plummeted over 70% in the last year. Given this situation, Moore Law is proactively reaching out to potential claimants who may seek financial compensation or reform within the company's governance.

If you happen to own shares of B Riley Financial, you are strongly encouraged to get in touch with Moore Law at [email protected] or give them a call at (212) 709-8245. Engaging with the firm could provide you the opportunity to pursue monetary damages and possibly a court-approved incentive award without any upfront cost.

About Moore Law PLLC

Moore Law is a dedicated plaintiff law firm located in New York City, focusing on providing top-notch legal support for investors. The firm prides itself on being available 24/7, ensuring same-day email responses and continuous updates regarding the progress of cases. Their commitment is centered on ensuring that investors can act decisively during turbulent times like these.

For anyone seeking justice in financial transactions gone awry, Moore Law stands ready to assist. Their contact details are:

• - Address: 30 Wall Street, 8th Floor, New York, NY 10005
• - Phone: (212) 709-8245
• - Email: email protected]
• - Website: [www.fmoorelaw.com

In light of these developments, investors are strongly urged to evaluate their positions and the possible implications for their investments, as proactive measures could lead to opportunities for redress.