Recent Security Class Actions

FAT Brands Inc. Class A Common Stock (NASDAQ: FAT)

Company Name:FAT Brands Inc. Class A Common Stock
Stock Symbol:NASDAQ: FAT
Class Period Start:03/24/2022
Class Period End (inclusive):05/10/2024
Filing Deadline:08/06/2007

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.