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Fat Brands Chairman Charged With $47-Million-Fraud 'Spent Money' on Luxury Vacations, Expensive CarsIn a stunning turn of events, Fat Brands, the parent company of popular restaurant chains including Fatburger and Johnny Rockets, finds itself at the center of a major legal storm, per Quartz.
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Fat Brands stock craters after company, chair Andy Wiederhorn charged in $47 million 'sham' loan schemeFat Brands and its chair Andy Wiederhorn were indicted for a "sham" loan scheme that netted him $47 million. Wiederhorn, 58, stepped down as CEO last year following the company's disclosure that ...
FAT Brands chairman Andy Wiederhorn on May 10 was indicted on federal charges covering an array of claims. Among them the ...
Fat Brands and its chair Andy Wiederhorn were indicted for a "sham" loan scheme that netted him $47 million. Wiederhorn, 58, stepped down as CEO last year following the company's disclosure that ...
The indictment this month of Fat Brands Inc. Chair Andrew Wiederhorn on federal fraud charges hit the brand’s stock price. Wiederhorn, who had been chief executive of the Beverly Hills ...
The U.S. Securities and Exchange Commission filed fraud charges against FAT Brands, its current chairman and former chief executive and two former finance chiefs for allegedly making false claims ...
FAT Brands shares tumbled sharply on Friday after the casual-dining franchising company and former chief executive were indicted on federal charges related to the alleged concealment of $47 ...
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. A federal grand jury indicted Fat Brands, the ...
Fat Brands confidentially files to IPO Twin Peaks, Smokey Bones brands days after federal indictment
Fat Brands has confidentially filed to spin off its Twin Peaks and Smokey Bones chains through an initial public offering. The announcement comes days after the restaurant company and its chair ...
FAT Brands Inc. (NASDAQ:FAT), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQCM. The recent rally in share prices ...
FAT Brands Foundation Also Received Nomination for Non-Profit of the Year LOS ANGELES, May 23, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., a leading global franchising ...
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