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Chancery Restarts Fat Brands Looting Suit After Board Purge

By Leslie A. Pappas (April 6, 2023, 6:31 PM EDT) -- A Delaware vice chancellor restarted a derivative suit from shareholders of Fat Brands Inc. and denied dismissal of another, after learning that the company's chairman had purged the board of all its members, including two appointed to a special committee to investigate claims that he took nearly $40 million from the conglomerate....

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