B. Riley’s troubles began when it issued a loan to Brian Kahn, the former CEO of Franchise Group, to facilitate his move to ...
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Bottom 100 Stocks to Buy: Is B. Riley Financial Uninvestable?Riley’s financial and legal troubles stem from the 2023 deal to take Franchise Group Inc. (FRG) private for $2.8 billion. Former FRG CEO Brian Kahn, a long-time investment bank client ...
NEW YORK: Franchise Group Inc investors have sued ex-chief executive officer (CEO) Brian Kahn and investment partner B. Riley Financial Inc, claiming shareholders were shortchanged in a US$2.6bil ...
Riley, the bank's largest shareholder, proposed an offer of $7 per share last year for the remaining shares he does not currently own, in a deal valuing the bank at $212 million. B. Riley participated ...
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