Edelson Lechtzin LLP is Investigating Securities Fraud Claims on Behalf of FaZe Holdings Inc. (Nasdaq: FAZE) Shareholders Who Held B. Riley Principal 150 Merger Corp. (Nasdaq: BRPM) Shares Prior to the Merger
NEWTOWN, PA, September 14, 2023 — The law firm of Edelson Lechtzin LLP is investigating securities fraud and breach of fiduciary duty claims on behalf of former shareholders of B. Riley Principal 150 Merger Corp. (“B. Riley”) (Nasdaq: BRPM), a special purpose acquisition company (“SPAC”), who acquired BRPM shares before the closing of its business combination with FaZe Holdings Inc. (“FaZe”) (Nasdaq: FAZE), on or before July 20, 2022.
FaZe, a Delaware corporation, describes itself as a “a digitally-native lifestyle and media brand founded and rooted in gaming and youth culture.” FaZe maintains its principal executive offices in Los Angeles, California. The business combination of B. Riley and FaZe was approved by B. Riley shareholders at its Special Meeting held on July 15, 2022. FaZe common stock began trading on the Nasdaq under its new ticker symbol “FAZE”, on July 20, 2022.
B. Riley investors may have claims based on alleged false and misleading statements and/or material omissions contained in the documents used to solicit shareholder approval for the business combination between B. Riley and FaZe. Please contact Edelson Lechtzin LLP at 844-696-7492 to discuss your investment losses, or by e-mail at [email protected] or [email protected], or you can submit your information online HERE.
For more information, please contact:
Marc H. Edelson, Esq.
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 or 215-867-2399 ext. 1
Email: [email protected] or [email protected]
About Edelson Lechtzin LLP
Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving securities and investment fraud, our lawyers focus on class and collective litigation in cases alleging violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and dangerous and defective drugs and medical devices.
This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. Your ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.