Rosen Law Firm Urges FAT Brands Inc. (FAT, FATBB, FATBP, FATBW) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of FAT Brands, Inc. (NASDAQ: $FAT Brands (FAT.US)$ , $FAT Brands-B (FATBB.US)$ , $FAT Brands Inc (FATBP.US)$, $Fat Brands Inc C/Wts 30/06/2025 (To Pur Com) (FATBW.US)$) between March 24, 2022 and May 10, 2024. FAT Brands Inc. describes itself as a “leading multi-brand restaurant company that develops, markets, acquires and manages quick-services, fast casual, casual dining and polished casual dining restaurant concepts around the world.”
The Allegations: Rosen Law Firm is Investigating the Allegations that FAT Brands, Inc. Misled Investors Regarding its Business Operations.
According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) defendants failed to disclose that Andrew A. Wiederhorn, the Company’s Chairman and former CEO, had received improper payments from the Company, exposing FAT Brands to criminal liability; and (2) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.
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