Recent discussions on Twitter have highlighted concerns regarding the financial activities and legal compliance of $RILY, with multiple users suggesting potential fraudulent activities and legal issues. Notably, accusations have been made against Mike Frank, Investor Relations head at $RILY, for allegedly leaking MNPI to paid touts and lying, which could lead to legal repercussions. Additionally, there are claims of insider-led fake stock promotions involving Christian McDonald, who has been accused of harassing individuals, and Shane Pavitt, connected to $RILY and Kennedy Capital Management. The situation has prompted calls for scrutiny from regulatory bodies like the SEC, with some users predicting serious legal problems for those involved.
🚨 $RILY #FraudsFraud Unless you're a 'short squeeze narrative' liquidity seeking paid pumper,, this is brilliant work and on point that warrants paying attention to..👇 There has to be ZERO upside for the auditors here #GFLTA https://t.co/7Yd2HzGLnC
This happens to be Excellent and is another example of the multi layers scams $RILY is running at once.. Too bad employees are posting on Redditt and paying others to do so as well https://t.co/qYmziiYyFd
$RILY .. ain't McDonald the fave breakfast in the US? ... .... I guess we could argue about tastes ... BUT what's difficult to argue about is ... the WIFE of this guy on APLD board! @AlderLaneEggs @FriendlyBearSA @WolfpackReports https://t.co/huYYZoAPCU
*see warnings in linked post* including *not investment advice*. -- "Funny things that (could) happen." $RILY $FRG $CONN https://t.co/gSk8tahqXy
I am pretty sure Christian Mcdonald and kennedy capital management are going to have a serious legal problem on their hands- stay tuned $rily @FriendlyBearSA @AureliusValue https://t.co/iK42t86yyg
Christian McDonald (husband of original $APLD board member and PM of Kennedy Capital Management) and Shane Pavitt (co-founder of $RILY) are behind many $RILY posts. Christian has harassed me for weeks. There's nothing organic here, it's a fake stock promo led by insiders.
$RILY ... I do wonder if this account is linked to someone that has the same name as the US favorite Breakfast? 🤣🆘 @AlderLaneEggs @WolfpackReports @FriendlyBearSA @AureliusValue https://t.co/yzztOoQu13 https://t.co/3b30PAy0Vq
$RILY ... this guy spends times looking into short sellers? ... No Secret his wife feels neglected! ... Is he trying to compensate his lack of attentions by having her on $APLD board? @AlderLaneEggs @FriendlyBearSA https://t.co/sovOgd2v7Z
When Marc @AlderLaneEggs says $RILY is a grand fraud folks ought to pay attention... Revisiting $SI when the short squeeze paid pumpers were coming at us.. Marc said they'll get skated into the concrete.. The rest is history.. Can someone give me a stock quote on Silvergate .. https://t.co/G4bBRDJUax
Mike Frank leaking MNPI to paid touts will land you in prison.. Keep it up.. $RILY @FriendlyBearSA @SECGov
What acquisitions? $FRG is a fair value investment. And why does the NT only mention Brian Kahn and nothing else? Mike Frank should seek securities counsel soon. $RILY https://t.co/ekGxhhPfbd
I am thinking that the @SECGov can also look into Investor Relations head Mike Frank who should know better than lie and break the Law.. $RILY @AureliusValue @FriendlyBearSA https://t.co/kDAB0rjCJz
One of these weekends will be the end for $RILY and its Fraud. All it takes is 1 Adult to do their job and its over.. Who that adult will be is anyones guess.
Securities Class Action Settlements: 2023 Review and Analysis - 2023 Highlights https://t.co/TfXapBkBc5
Financial Forensics: Identifying Red Flags in SEC Filings https://t.co/fE2XGCOfk5
SEC Settlement Highlights Risks for 13G Filers When Moving from Passive to Active Status https://t.co/IJw1kL8Ezh #finance #settlement #fundmanager @proskauer https://t.co/u56kz38uG0