SEC Shutters Case Against Bankrupt Fatburger Parent

By Jessica Corso · March 27, 2026, 7:47 PM EDT

The U.S. Securities and Exchange Commission announced Friday that it is walking away from a case accusing restaurant franchisor FAT Brands of running an illegal $27 million personal loan scheme to...

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Case Information

Case Title

Securities and Exchange Commission v. FAT Brands, Inc. et al

Case Number

2:24-cv-03913

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

May 10, 2024