How an unremarkable deal became a big threat to a small investment bank
Jonathan Weil , The Wall Street Journal 5 min read 12 Feb 2024, 08:33 PM IST
SummaryB. Riley Financial is under fire for funding a buyout linked to a firm that prosecutors call a fraud.
History is littered with financial companies that were undone by one bad bet. Investors are worried that B. Riley Financial will be one of them.