FAT Brands Inc. (FAT)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of FAT Brands Inc. (“FAT Brands” or “the Company”) (NASDAQ: FAT). Investors who purchased FAT Brands securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether FAT Brands has violated federal securities laws.
Investigation Details:
On May 13, 2024, Fortune published a report on FAT Brands and stated that “The former CEO of Fat Brands, the holding company for burger chains Fatburger and Johnny Rockets, has been indicted for an alleged multi-year scheme to avoid paying taxes.” The report continues, “The U.S. Department of Justice accuses Andrew Wiederhorn of taking $47 million in shareholder loans, which were never repaid and then reported as losses to avoid paying millions of dollars in taxes. In a second indictment, he was also accused of being a felon in possession of a firearm.”
What’s Next?
If you are aware of any facts relating to this investigation or purchased FAT Brands securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller,