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Tuesday, May 21, 2024

Rosen Law Firm Urges B. Riley Financial, Inc. Investors with Losses Over $100K to Seek Legal Representation Before Securities Class Action Deadline – RILY

ass Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the B. Riley class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email or for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. For nearly 4 decades, the Rosen Law Firm has represented investors throughout the world, recovering more than $4 billion for clients. In the past, we have been selected by the courts to serve as lead counsel in numerous cases and have produced significant gains for investors. Rosen Law Firm has achieved the largest-ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) B. Riley’s management and professionals would not be pursued by regulators; (2) as a result, the Company, and each of B. Riley’s co-Chief Executive Officers, had engaged in an illicit money laundering operation; (3) the Company’s management and professionals would be exposed to increased regulatory scrutiny because of their involvement in the money laundering operations; (4) B. Riley amounted B. Riley’s management had failed to comply with the policies, procedures, and controls over the Company.FORMER EMPLOYEE: Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. If you suffered a loss during the class period and need additional information, please contact Reed Kathrein, who will be happy to personally speak with you. You may also submit your information on the form to participate in the case. Attorney advertising. Prior results do not guarantee a similar outcome.

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