Fat Brands Faces Investor Suit Over $47M Loan Scheme
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By Gina Kim

Fat Brands and its executives face a proposed class action in California
federal court alleging that they falsely claimed to be cooperating with
governmental probes into their CEO's spending $47 million on company loans
while skirting taxes, leading stock prices to plunge last month when
criminal charges were announced.

 Complaint attached | Read full article »
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