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bryant riley misreports pledged shares for axos bank loan
Bryant Riley, co-CEO of B. Riley Financial Inc., misreported the number of shares he pledged as collateral for a $45 million loan from Axos Bank. He initially stated that he pledged 4,389,553 shares, which were approved under the company's insider trading policy, according to regulatory filings.
industry leaders announce new hires and promotions in finance and law
In September 2024, several firms announced key hires and promotions. Stephen Prostor joined Axos Bank as head of portfolio management, while Nanette Heide and Lisa Perri joined Troutman Pepper and Nixon Peabody, respectively, to enhance their corporate practices. Other notable appointments include Brian Kaiser at Centri Business Consulting, Adam Gross at FalconPoint Partners, and Banee Pachuca at Winston & Strawn, among others, reflecting a strong focus on private equity and M&A across various sectors.
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