FAT Investors Have Opportunity to Lead FAT Brands Inc. Securities Fraud Lawsuit
FAT Investors Have Opportunity to Lead FAT Brands Inc. Securities Fraud Lawsuit
PR Newswire
LOS ANGELES, July 9, 2024
LOS ANGELES, July 9, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against FAT Brands Inc. ("FAT Brands" or "the Company") (NASDAQ: FAT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between March 24, 2022 and May 10, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before August 6, 2024.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. FAT Brands failed to disclose that Chairman and former CEO Andrew A. Wiederhorn had received improper payments from the Company, which exposed it to criminal liability. Based on this fact, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about FAT Brands, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
SOURCE The Schall Law Firm
![](https://rt.prnewswire.com/rt.gif?NewsItemId=LA56854&Transmission_Id=202407091115PR_NEWS_USPR_____LA56854&DateId=20240709)
-
Forecasts for Q2 GDP Report Show a Healthy but Slowing Economy
-
5 Stocks to Buy as the Market Rally Broadens
-
Improving the CAPE 10
-
4 Cheap Mining Stocks
-
CrowdStrike Selloff a Buying Opportunity After Outage
-
Markets Brief: GDP and Inflation Back in the Spotlight
-
What’s Happening in the Markets This Week
-
Can Value Stocks Really Make a Comeback?
-
Best Innovative Companies to Own: 2024 Edition
-
19 Best Healthcare Companies to Invest In
-
Going Into Earnings, Is Meta a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is JPMorgan Chase Stock a Buy, a Sell, or Fairly Valued?
-
10 Best Cheap Stocks to Buy Under $10
-
Truist Earnings: Repurchases Resume After Insurance Business Sale and Stronger Capital Ratios
-
After Earnings, Is Charles Schwab Stock a Buy, a Sell, or Fairly Valued?
-
Verizon Earnings: Cash Flow Looks a Touch Weak Despite Solid Wireless Growth