MOORE LAW PLLC ENCOURAGES B RILEY FINANCIAL, INC. (NASDAQ: RILY) INVESTORS TO CONTACT LAW FIRM

Core Insights - Moore Law, PLLC is investigating potential claims against B. Riley Financial, Inc. due to undisclosed information regarding a management buyout involving Franchise Group, Inc. [1][3] - The management buyout of Franchise Group, Inc. was valued at $2.8 billion and completed on August 21, 2023 [2]. - B. Riley Financial, Inc. is facing scrutiny for allegedly financing a transaction linked to Brian Kahn, who has been implicated in a conspiracy to defraud investors [3]. Company Overview - B. Riley Financial, Inc. (NASDAQ: RILY) has seen its stock price decline over 70% in the past 12 months [3]. - Franchise Group, Inc. is a holding company that primarily acquires and manages franchises, and it is a client of B. Riley Financial, Inc. [1]. Legal Context - Investors who purchased shares of B. Riley Financial, Inc. prior to May 2023 are encouraged to contact Moore Law for potential claims related to the management buyout and associated disclosures [1][4]. - The investigation suggests that B. Riley's positive statements about its business and prospects may have been materially misleading due to the undisclosed risks [3].