B. Riley (RILY) surged 21.8% pre-market following the company’s announcement of an independent investigation clearing it and its executives of any involvement in alleged misconduct concerning Brian Kahn. The findings corroborated an earlier internal review conducted by Sullivan & Cromwell. Amidst the ongoing probe, B. Riley also filed its financial results for the year ended December. Previously, the firm had secured an extension for its 2023 audited financial statements filing under its credit agreement with Nomura.