FAT - FAT Brands (FAT FATBB FATBP FATBW) Craters After Grand Jury Indictment Regarding $47M Concealed Compensation to Former CEO/Current Chairman Securities Class Action Pending – Hagens Berman | Benzinga
SAN FRANCISCO, June 07, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges FAT Brands Inc. (NASDAQ:FAT, FATBB, FATBP, FATBW)) investors who suffered substantial losses to take action now by submitting your losses here.
| Class Period: Mar. 24, 2022 – May 10, 2024 |
| Lead Plaintiff Deadline: Aug. 6, 2024 |
| Visit: www.hbsslaw.com/investor-fraud/fat |
| Contact the Firm Now: |
| FAT@hbsslaw.com |
| 844-916-0895 |
FAT Brands Inc. (FAT, FATBB, FATBP, FATBW) Class Action:
The complaint alleges that FAT made misstatements and failed to disclose that its current Chairman and former CEO Andrew A. Wiederhorn received improper payments from it, thereby exposing the company to criminal liability.
In the past FAT has disclosed- and given repeated assurances- that it was cooperating with the U.S. Department of Justice and SEC in their investigations of the company's transactions with Wiederhorn "as well as compensation, extensions of credit and other benefits or payments received by Mr. Wiederhorn or his family" from the ...