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Case Status:    ONGOING  
—On or around 06/10/2024 (Date of last review)
Current/Last Presiding Judge:  
Hon. Michael W. Fitzgerald

Filing Date: June 07, 2024

According to the Complaint, Fat Brands describes itself as “a leading multi-brand restaurant company that develops, markets, acquires and manages quick-service, fast casual, casual dining and polished casual dining restaurant concepts around the world[.]”

The Complaint alleges that Defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Defendants failed to disclose that 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.

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