SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind B. Riley Investors of a Lead Plaintiff Deadline of March 25, 2024

PRNewswire 8-Feb-2024 5:45 AM

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Attention B. Riley Financial, Inc. ("B. Riley") (NASDAQ:RILY) shareholders:

The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 10, 2023 and November 9, 2023.

If you suffered a loss on your investment in B. Riley, contact us about potential recovery by using the link below. There is no cost or obligation to you.

https://www.wongesq.com/pslra-1/b-riley-class-action-submission-form/?prid=66256&wire=4

ABOUT THE ACTION: The class action against B. Riley includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Brian Kahn, a client of the Company, had been credibly implicated in a conspiracy to defraud investors of millions of dollars; (2) in spite of this involvement, B. Riley continued to finance the transaction enabling Kahn and others to take Franchise Group, Inc. private through complex arrangements; (3) the foregoing was reasonably likely to draw regulatory scrutiny to B. Riley; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

DEADLINE: March 25, 2024

Aggrieved B. Riley investors only have until March 25, 2024 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-the-law-offices-of-vincent-wong-remind-b-riley-investors-of-a-lead-plaintiff-deadline-of-march-25-2024-302056593.html

SOURCE The Law Offices of Vincent Wong