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Based on the most helpful WSO content, here's what you need to know about B. Riley:

  • Pay: B. Riley is noted for having the worst pay among the group of firms discussed.
  • Culture: The culture at B. Riley is reported to be poor.
  • Reputation and Deal Flow: B. Riley has the weakest reputation and deal flow compared to the other firms mentioned.

If you need more detailed insights or personal experiences, it might be helpful to check out specific threads or discussions on WSO.

Sources: B Riley, Blair, Stifel, Baird, Lincoln - Any Insight?, Baird in 2021 - Hours & Comp?, What the fuck is going on at Barclays, What's going on at JPM?, Anyone know the intern status (ES/JLL/CBRE)?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

https://www.morningstar.com/news/marketwatch/20240812100/b-riley-financ…


This article explains most of it.

They were invested in a company (Franchise Group) that was being investigated for, and committed fraud. Then the SEC started looking into B Riley, essentially trying to figure out if B Riley knew about the fraud. That all happened late last year.

Then last week, the SEC decided to expand its investigation into B Riley, while B Riley announced the same day they were pausing dividends. Shares took a shit and now the founder is offering to take them private.

 
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