B. Riley client misses payment to investors in collapsed fund
The claim by a trustee overseeing the settlement is the latest twist in the failure of Prophecy Asset Management, where Brian Kahn, a B. Riley client, allegedly ran up massive losses.
Brian Kahn, whose role in the collapse of a US hedge fund has drawn scrutiny from prosecutors and battered shares of B. Riley Financial Inc., has been accused of defaulting on parts of a settlement meant to help repay investors who lost hundreds of millions of dollars.
The claim by a truste
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