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 ...

LOS ANGELES, Nov. 4, 2024 /PRNewswire/ -- B. Riley Securities, Inc. ("B. Riley"), a preeminent fixture in middle market brokerage and investment banking for over 25 years, today announces its ...

B. Riley-backed Franchise Group files for Chapter 11 bankruptcy. In a memo to staff, Bryant Riley says he feels "personally sick" and notes that this was not the outcome the company had envisioned.

I have covered B. Riley Financial, Inc. or "B. Riley" (NASDAQ:RILY, RILYL, RILYP) previously, so investors should view this as an update to my earlier articles on the company. On Monday ...

Nov 4 (Reuters) - B. Riley Financial's (RILY.O), opens new tab shares plunged nearly 13% in afternoon trading on Monday after Franchise Group, a retailer backed by the bank, filed for bankruptcy.

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 ...

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 ...

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 ...

(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 ...