Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fat Brands Inc. (FAT, FATBB, FATBP, FATBW)

The Complaint further alleges that the truth emerged on May 10, 2024, when the United States Attorney's Office for the Central District of California issued a press release entitled "Former CEO and Controlling Shareholder of Fat Brands Inc., Former CFO, and a Tax Advisor Indicted in Alleged Scheme to Conceal $47 million Paid to CEO in the Form of Shareholder Loans." (the "Announcement"). The Complaint alleges that the Announcement specified that the indicted parties were Fat Brands itself, Andrew Wiederhorn ...