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FaZe Clan SPAC Investor Sues B. Riley In Chancery Court

By Jeff Montgomery ( June 7, 2024, 8:48 PM EDT) -- Former stockholders of the blank-check company that took electronic sports and entertainment company FaZe Clan public in a $725 million transaction in July 2022 sued B. Riley Financial and others behind the deal on Friday in Delaware's Court of Chancery, alleging disclosure failures and breaches of fiduciary duty....

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