Thieler Law Corp advises investors with losses exceeding $100,000 of the October 23, 2018 lead plaintiff deadline in a class action lawsuit filed against FAT Brands Inc (NASDAQ: FAT) (“FAT Brands” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased FAT Brands Inc securities initial public offering (“IPO”) conducted on or around October 23, 2017, have until October 23, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased FAT Brands Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that FAT Brands' sales growth had significantly declined; sales growth at Ponderosa & Bonanza was significantly below the level which FAT Brands had believed when it agreed to acquire those brands in March 2017; the fast-casual dining sector was saturated and facing significant headwinds and a slowdown in growth, largely caused by customers fleeing to lower cost and quicker options; FAT Brands' free cash flow was less than its annual $5 million dividend obligations; the Wiederhorn family planned to merge Fog Cutter Capital Group Inc. into FAT Brands following the IPO; Fog Cutter Capital and the Wiederhorn family that owned it had already once run Fog Cutter Capital/Fatburger into bankruptcy, resulting in its stock being delisted after attempting to go on an acquisition spree, much like the spree they were undertaking at FAT Brands at the time of the IPO; and as a result, FAT Brands' public statements were materially false and misleading at all relevant times.

If you were negatively impacted by your investment in FAT Brands Inc securities initial public offering (“IPO”) conducted on or around October 23, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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