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INVESTIGATION ALERT: Halper Sadeh LLP Investigates FFG, NHLD, HCAP, NAV, UROV; Shareholders Are Encouraged to Contact the Firm

NATIONAL HOLDINGS ALERT: Bragar Eagel & Squire, P C Investigates Sale of NHLD and Encourages Investors to Contact the Firm

NEW YORK, Jan. 11, 2021 (GLOBE NEWSWIRE) Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of National Holdings Corporation (NASDAQ: NHLD) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by B. Riley Financial, Inc (NASDAQ: RILY). Click here to learn more and participate in the action.On January 11, 2021, National Holdings announced that it had signed an agreement to be acquired by B. Riley in an all-cash deal. Pursuant to the merger agreement, National Holdings stockholders will receive $3.25 in cash for each share of National Holdings common stock owned. The deal is scheduled to close in the first quarter of 2021.Bragar Eagel & Squire is concerned that National Holdings’ board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement. Accordingly, the f

B Riley to acquire remaining 55% of National Holdings

B. Riley to acquire remaining 55% of National Holdings The combination of Los Angeles-based B. Riley and New York-based National Holdings will result in a firm with roughly 900 registered representatives and $29 billion in client assets. January 11, 2021 B. Riley Financial, Inc., a Los Angeles-based diversified financial services firm, has agreed to acquire the remaining 55% of New York-based National Holdings Corp., an investment banking and asset management firm, that it didn’t own already. National’s largest subsidiary, National Securities, founded in 1947, operates primarily through independent registered representatives. National had 733 registered representatives managing $18.9 billion in client assets. It reported revenues of $229.9 million for its fiscal 2020, ending September 30, 2020.

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