March 16, 2020
A California federal judge rejected a class certification bid in a shareholder suit accusing Fatburger's parent company of hiding essential information about its $20 million initial public offering, finding individual concerns overpowered common ones.
February 11, 2020
Investors in Fatburger's parent company shouldn't be allowed to proceed as a class in their suit alleging FAT Brands Inc. misled them in its initial public offering disclosures, since they haven't shown none of them knew about previous Fatburger bankruptcies, FAT Brands told a California federal court on Monday.
December 18, 2019
Investors in Fatburger’s parent company can proceed with their claims that the company omitted key information in its initial public offering documents, but not with their claims that the omissions were misleading, a California federal judge said as he trimmed down the investors’ suit.
September 10, 2019
The parent company of fast-food chain Fatburger asked a California federal court to dump its investors' proposed class action over alleged omissions ahead of its $20 million initial public offering, arguing that the third iteration of the suit still fails to plead securities fraud.
May 03, 2019
Investors in the parent company of fast food chain Fatburger urged a California federal court Friday to keep alive their suit accusing the company of misleading them ahead of its $20 million initial public offering, arguing that evidence of its misrepresentations is clear.
March 20, 2019
The parent company of fast food chain Fatburger on Tuesday urged a California federal judge to toss a putative class action accusing it of misleading investors ahead of its $20 million initial public offering, arguing that the shareholders failed to state a claim or show that they purchased stock in the IPO.
October 24, 2018
A Fat Brands Inc. shareholder has urged a California federal court to approve him as lead plaintiff in a proposed securities class action and to appoint Robbins Arroyo LLP as his counsel, arguing he has the greatest financial interest in the suit claiming the restaurant company made false statements when launching an initial public offering.