Mike Coan v. B. Riley Financial, Inc. et al

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Case Number:

2:24-cv-00662

Court:

California Central

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Sherilyn Peace Garnett

Firms

Companies

Sectors & Industries:

  1. September 02, 2026

    B. Riley Investors, Alleging Fraud, Seek Class Certification

    A group of investors has moved for class certification in their suit accusing B. Riley Financial Inc. of failing to disclose risks related to its dealings with Brian Kahn, an investment manager who recently pled guilty to securities fraud over his role in the collapse of a $400 million hedge fund.

  2. December 16, 2025

    B. Riley Must Face Investor Suit Over Alleged Fraud Losses

    A California federal judge has allowed to move forward a proposed investor class action accusing B. Riley Financial Inc. of failing to disclose risks related to its dealings with Brian Kahn, an investment manager who recently pled guilty to securities fraud, though some company executives were allowed to escape the suit.