SEC silent treatment: Prophecy Asset & Franchise Group
Key questions remain following SEC lawsuit filed against Kahn, Spotts, Prophecy Monday proved rather hectic. First off, I teach full-time. Between classes, I got word …
Category: Brian Carroll
SEC sues former Franchise Group CEO Brian Kahn
Filing says 3 co-conspirators “caused Prophecy to spend investor funds on risky, highly illiquid investments, including investments into Kahn entities, for which Prophecy Asset Management …
FRG’s new owners sue AF Newco, buyers of American Freight
Included in the claims: Misleading the court about ties to former FRG CEO Brian Kahn The new owners of Franchise Group, led by Octagon Credit …
Legal roundup: B. Riley, Franchise Group, Badcock, Arhaus-RH
B. Riley finally files 10K, FRG Litigation Trust ramping up B. Riley Financial finally filed its 10K for fiscal 2024, doing so on late Friday afternoon. So, finally we …
Walker Edison bankruptcy sets aside war chest to battle former owners in court
At first blush, Walker Edison’s bankruptcy filed just over a week ago appears to be simply the latest of a disturbingly long line of fiscal …
False Claims Act presents new risks for importers
The contrasts between the previous administration and the current one could not be starker, and nowhere is this more evident than in law enforcement, particularly …
The future of AI-powered market research
Don’t ask me why, but I kept an article from The New York Times from February 2002 on a “groundbreaking” method of market research at the time called …
Arhaus sues competitor RH for trade secret misappropriation
BOSTON HEIGHTS, Ohio — Williams-Sonoma sued Arhaus for trade secret misappropriation in 2015. RH sued Crate & Barrel for trade secret misappropriation in 2017. Arhaus …
Chairman of Easyhome home furnishings chain in China jumps to his death
Wang Linpeng, also the CEO of the country’s largest home furnishings retailer, was reportedly the subject of an official investigation BEIJING — Multiple news organizations …
The throwback success of Salt Lake City’s Sterling Furniture
Retailer spanning 7 generations and 150 years has a no-nonsense approach to retail Many of the columns I do require sorting through hundreds of pages …
