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B Riley Financial ( (RILY) ) has shared an announcement.
On January 20, 2026, BRC Group Holdings, Inc. and several affiliated entities filed a complaint in New York State court against law firm Willkie Farr & Gallagher LLP and individuals Brian and Lauren Kahn, alleging aiding and abetting fraud, civil conspiracy to defraud, breach of fiduciary duty, common law fraud, fraudulent inducement, and breach of contract in connection with the August 2023 take-private transaction of Franchise Group, Inc. The plaintiffs are seeking more than $735 million in compensatory and punitive damages and disgorgement of fees paid to Willkie, signaling a significant legal escalation that could have material financial and reputational implications for the parties involved and may draw heightened scrutiny to advisory practices in large take-private deals.
The most recent analyst rating on (RILY) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on B Riley Financial stock, see the RILY Stock Forecast page.
Spark’s Take on RILY Stock
According to Spark, TipRanks’ AI Analyst, RILY is a Neutral.
Score is held back primarily by weak and volatile financial performance, including negative equity and negative TTM operating/free cash flow. This is partly offset by strong technical strength (price above key moving averages with positive MACD) and a very low P/E that screens as inexpensive.
To see Spark’s full report on RILY stock, click here.
More about B Riley Financial
BRC Group Holdings, Inc., formerly known as B. Riley Financial, Inc., operates as a diversified financial services firm through various subsidiaries, including principal investments, private shares vehicles, finance, and commercial capital entities, serving clients across corporate finance, investment, and capital solutions markets.
Average Trading Volume: 1,728,907
Technical Sentiment Signal: Buy
Current Market Cap: $272M
Find detailed analytics on RILY stock on TipRanks’ Stock Analysis page.