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RILY ALERT: Johnson Fistel Encourages Investors to Inquire About B. Riley Securities Class Action Investigation
Globe Newswire 22-Jan-2024 9:21 AM
SAN DIEGO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether B. Riley Financial (NASDAQ:RILY) ("B. Riley" or the "Company"), any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.
What if I purchased B. Riley securities? If you purchased securities and suffered significant losses on your investment, join our investigation now:
What is Johnson Fistel investigating? On January 22, 2024, it was disclosed that the Securities and Exchange Commission is investigating B. Riley's dealings with a client linked to alleged securities fraud as well as the use of his assets to help the bank get a loan from Nomura Holdings. Following this news B. Riley stock tumbled 13% in premarket trading.
What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.
About Johnson Fistel, LLP: Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.
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Johnson Fistel, LLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
Contact: Johnson Fistel, LLP 501 W. Broadway, Suite 800, San Diego, CA 92101 James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471 jimb@johnsonfistel.com or fjohnson@johnsonfistel.com
