Bryant Riley Seeks to Swap Years of Turmoil for Turnaround

Bryant Riley at the company’s Manhattan office in September.Photographer: Michael Nagle/Bloomberg

B. Riley Financial Inc. is still standing.

It’s a remarkable statement, given what the brokerage and investment firm led by Chairman Bryant Riley has been through: More than $1 billion of losses over the past three years, the bankruptcy of its key investment, a plunging stock price and an ongoing investigation by US regulators.