Fat Brands Faces Investor Suit Over $47M Loan Scheme
Fat Brands Faces Investor Suit Over $47M Loan Scheme <https://www.law360.com/capitalmarkets/articles/1846178?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-11&read_main=1&nlsidx=0&nlaidx=2> 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 » <https://www.law360.com/capitalmarkets/articles/1846178?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-11&read_more=1&nlsidx=0&nlaidx=2> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1846178?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-06-11&read_later=1&nlsidx=0&nlaidx=2>
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Gunnar Larson