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Shareholder Action Alert: The Schall Law Firm Encourages Investors in FAT Brands Inc. with Losses of $100,000 to Contact the FirmMar 28th, 2022 12:20 EST
Shareholder Action Alert: The Schall Law Firm Encourages Investors in FAT Brands Inc. with Losses of $100,000 to Contact the Firm
Los Angeles, California–(Newsfile Corp. – March 28, 2022) – The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against FAT Brands Inc. (“FAT Brands” or “the Company”) (NASDAQ: FAT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between December 4, 2017 and February 18, 2022, inclusive (the ”Class Period”), are encouraged to contact the firm before May 17, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. FAT Brands and the family of CEO Andrew Wiederhorn engaged in transactions with “no legitimate corporate purpose.” The Company ignored warning signs related to such transactions. Members of the Company’s senior management were under investigation in relation to these transactions. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about FAT Brands, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
SOURCE:The Schall Law Firm
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/118357