Franchise Group, the company at the heart of a troubled management buyout that has devastated the stock of B. Riley Financial, has filed for bankruptcy — but plans to keep open most of its ...

The company has been at the center of turmoil surrounding Los Angeles-based B. Riley, the investment and brokerage firm that helped arrange a $2.8 billion buyout of FRG last year. The deal was led ...

Franchise Group Inc., the bankrupt brand manager backed by B. Riley Financial Inc., paid insiders $5.75 million in retention bonuses to keep them in place as the owner of Vitamin Shoppe and ...

Nov 3 (Reuters) - Vitamin Shoppe-owner Franchise Group, backed by investment bank B. Riley Financial (RILY.O), opens new tab, said on Sunday it has commenced voluntary Chapter 11 proceedings in ...

An announcement from B Riley Financial ( (RILY)) is now available. B. Riley Financial faces significant challenges as Franchise Group enters bankruptcy, impacting investments worth millions.

B. Riley Financial (NASDAQ:RILY) plunged 25% in premarket trade, as it said it expects a non-cash impairment of ~ $120 million in the aggregate, after Franchise Group reportedly filed for ...

B. Riley Securities downgraded Infinera (NASDAQ:INFN) to Neutral from Buy citing valuation, noting that the stock has slightly surpassed its price target of $6.65. Analyst Dave Kang said that the ...

(Reuters) -B. Riley Financial's shares plunged nearly 13% in afternoon trading on Monday after Franchise Group, a retailer backed by the bank, filed for bankruptcy. The bank also said it may need to ...

B. Riley raised the firm’s price target on Globalstar (GSAT) to $4 from $3.75 and keeps a Buy rating on the shares post the Q3 report. The firm believes the company benefited from outsized ...

(Bloomberg) -- Franchise Group Inc., the owner of brands including the Vitamin Shoppe, Buddy’s Home Furnishings and Pet Supplies Plus, filed for bankruptcy protection after months of losses and ...

(Reuters) - Vitamin Shoppe-owner Franchise Group, backed by investment bank B. Riley Financial, said on Sunday it has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the ...