The Law Offices of Frank R. Cruz announces an investigation of FAT Brands Inc. (“FAT Brands” or the “Company”) (NASDAQ: FAT) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On February 19, 2022, The Los Angeles Times reported that federal authorities have been investigating FAT Brands’ chief executive ”as part of an inquiry into allegations of securities and wire fraud, money laundering, and attempted tax evasion.”
On this news, FAT Brands’ stock fell $2.42, or 22.9%, to close at $8.14 per share on February 22, 2022, thereby injuring investors.
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If you purchased FAT Brands securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to firstname.lastname@example.org, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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