Fatburger parent stock down 28% after chairman indicted for $47 million fraud ...Middle East

Quartz - Economy
Fatburger parent stock down 28% after chairman indicted for $47 million fraud
source : Quartz ( Middle East ) () 156
Fat Brands is the parent company of Fatburger, Johnny Rockets, and a few other restaurant chains. Last year, former CEO Andy Wiederhorn stepped down after the Los Angeles Times reported that the federal government was investigating him for fraud. He has since stayed on as the company’s chairman, but on Friday the…Read more...

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