Press release
Long-Term Investors in shares of FAT Brands Inc. (NASDAQ: FAT) should contact the Shareholders Foundation in connection with Investigation over potential Wrongdoing
An investigation on behalf of current long term investors in FAT Brands Inc. (NASDAQ: FAT) shares.
Investors who are current long term investors in FAT Brands Inc. (NASDAQ: FAT) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: FAT stocks follows a lawsuit filed against FAT Brands Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: FAT stocks, concerns whether certain FAT Brands Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Central District of California the plaintiff alleges that, the defendants made materially false and/or misleading statements and/or failed to disclose that defendants failed to disclose that Andrew A. Wiederhorn, the Company's Chairman and former CEO, had received improper payments from the Company, exposing FAT Brands to criminal liability, and that 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. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of FAT Brands Inc. (NASDAQ: FAT) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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