"B. Riley Financial Faces Deadline Pressure Over Delayed 10-K Filing"

B. Riley Financial Inc. failed to file its audited results after the grace period ended, causing its stock to fall about 6%. The delay adds to pressure on the company, which has been under scrutiny for its relationship with Brian Kahn, the founder of Franchise Group Inc. The company attributed the delay to the board’s review of its transactions with Kahn, who was labeled as an unidentified co-conspirator in a US Department of Justice criminal case. B. Riley missed last year’s initial deadline too, citing recent acquisitions, but was able to finish the job within the grace period.