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Robert J. Matthews v. FAT Brands Inc. et al
Case Number:
2:22-cv-01820
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 01, 2023
FAT Brands' $3M Deal Over Fraud Claims Wins Final Approval
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.
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September 26, 2022
Fatburger Owner, Investors Ink $3M Deal Over Fraud Claims
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.