FAT Investors Have Opportunity to Lead FAT Brands, Inc. Securities Fraud Lawsuit Filed by Rosen Law Firm
FAT Investors Have Opportunity to Lead FAT Brands, Inc. Securities Fraud Lawsuit Filed by Rosen Law Firm |
[12-June-2024] |
NEW YORK, June 12, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of FAT Brands, Inc. (Nasdaq: FAT, FATBB, FATBP, FATBW) between March 24, 2022 and May 10, 2024, both dates inclusive (the "Class Period"). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 6, 2024 in the securities class action first filed by the Firm. So What: If you purchased FAT Brands securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do Next: To join the FAT Brands class action, go to https://rosenlegal.com/submit-form/?case_id=3635 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 6, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Details of the Case: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) defendants failed to disclose that Andrew A. Wiederhorn, the Company's Chairman and former CEO, had received improper payments from the Company, exposing FAT Brands to criminal liability; and (2) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the FAT Brands class action, go to https://rosenlegal.com/submit-form/?case_id=3635 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. View original content to download multimedia:https://www.prnewswire.com/news-releases/fat-investors-have-opportunity-to-lead-fat-brands-inc-securities-fraud-lawsuit-filed-by-rosen-law-firm-302171349.html SOURCE THE ROSEN LAW FIRM, P. A. | ||
Company Codes: NASDAQ-SMALL:FAT, NASDAQ-NMS:FATBB, NASDAQ-NMS:FATBP |