B. Riley Financial's shares plunged 15% in premarket trading on Monday, after Franchise Group, a company in which the bank has a substantial investment, filed for bankruptcy protection.
B. Riley Financial's shares plunged 17% before the open on Monday after Franchise Group, a retailer backed by the bank, filed for bankruptcy. The bank also said it may need to record an additional ...
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 District of ...