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 ...

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 ...

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 ...

(Bloomberg) -- B. Riley Financial Inc. lined up new funding to replace Nomura Holdings Inc., erasing what’s left of a loan tied to an ill-fated buyout deal that has hobbled the brokerage and ...