FAT Brands Sued for Hiding Debt, Misleading Investors

Major shareholder sues FAT Brands, alleging debt concealment and misrepresentation, leading to potential bankruptcy. Company faces scrutiny over high-interest loans and questionable payments. Shareholder seeks access to records, alleging bond buyback defaults and CEO family payments.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.