DOJ drops charges against Fat Brands, chair Andy Wiederhorn

"With this indictment behind us, I look forward to focusing on the continued growth and success of FAT Brands," he said in a statement. Wiederhorn stepped down as CEO of Fat Brands in 2023 after the company disclosed that the Securities and Exchange Commission was investigating him. Fat Brands and Wiederhorn haven't resolved the separate civil complaint from the SEC stemming from the same alleged conduct that sparked the Justice Department charges. Prosecutors also asked the federal court to dismiss separat ...