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  "documentTitle": "B. Riley Financial, Inc. (RILY)",
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  "presentationDate": "2024-03-01 00:00:00",
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  "notes": "Includes a screenshot of an SEC Form 4 filing as evidence of the margin call.",
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      "text": "Can you imagine this happening at any reputable company? Andy Moore is still the CEO of B. Riley Securities, and this begs the question – how many more undisclosed margin loans do RILY’s executives have at risk?",
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      "text": "After the Kahn news broke and RILY’s stock tumbled, the shares B. Riley Securities CEO Andy Moore had pledged for a (previously undisclosed) personal loan were liquidated pursuant to a margin call.",
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      "kind": "paragraph",
      "text": "RILY really outsmarted itself with FAZE. It was conflicted up the wazoo on the transaction as it was the SPAC sponsor, PIPE lender, Bridge-loan lender, and underwriter for the deal.",
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      "kind": "quote",
      "text": "The sales reported in this Form 4 were made by a broker, without instruction by the Reporting Person, to satisfy a margin call. — SEC Form 4 Explanation of Responses",
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      "text": "9. Andy Moore’s Margin Call:",
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      "text": "10. The Collapse of FAZE:",
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