March 01, 2023
A California federal judge has given final approval to a $3 million settlement resolving investor claims that executives behind the Fatburger and Johnny Rockets restaurant brands harmed shareholders by misusing company funds and sparking a federal investigation.
September 26, 2022
Investors in restaurant company Fat Brands Inc. said Friday that they had struck a $3 million deal resolving claims that the family behind the company, which owns the Johnny Rockets and Fatburger brands, harmed shareholders by misusing company funds and coming under a federal investigation.