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403:, ex-CEO, current controlling shareholder, and Chairman of the Board of FAT Brands, was indicted on federal criminal charges, accused of taking $ 47 million in shareholder loans for his personal benefit which were then never paid back, also concealing millions of dollars in reportable compensation and taxable income from the
407:. Former CFO Rebecca D. Hershinger was also accused of assisting Wiederhorn in the scheme. The Board of Directors was never informed about the "loans", Fat Brands never disclosed them as related party transactions to investors, and they were
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had previously opened investigations into the company and
Wiederhorn in 2021, and Wiederhorn had resigned as CEO in 2023 as a result of the investigation, later restructuring the Board of Directors with members under his control.
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after the company merged with its largest shareholder, Fog Cutter
Capital Group (also majority-owned by Wiederhorn), in 2020. The
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781:"Prosecutors say former head of Fatburger, Round Table Pizza concealed $ 47 million of income in tax evasion scheme"
757:"Ex-Fatburger boss used company funds for Rolls-Royce and other luxuries in $ 47-million scheme, indictment says"
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In
September, 2023 FAT purchased Smokey Bones from Sun Capital Partners for $ 30 million.
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688:"FAT Brands Inc. Completes $ 300 Million Acquisition of Twin Peaks Restaurant Chain"
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662:"FAT Brands Inc. Agrees to Acquire Twin Peaks Restaurant Chain for $ 300 Million"
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In May 2022, it was announced FAT Brands had acquired the franchised chain,
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626:"Burger merger: Fatburger owner is buying Johnny Rockets for $ 25 million"
832:"FAT Brands CEO Andy Wiederhorn Steps Down Amid Government Investigation"
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714:"FAT Brands to acquire franchised chain Nestlé Toll House Café by Chip"
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378:. On September 1, 2021, FAT Brands announced that it would acquire
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739:"FAT Brands Announces Acquisition of Smokey Bones Barbecue Chain"
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for an undisclosed sum, and plans to convert all 86 locations to
382:, for $ 300 million. The acquisition was completed on October 1.
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is an
American multi-brand restaurant operator headquartered in
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648:"FAT Brands Completes Acquisition of Global Franchise Group"
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This United States corporation or company article is a
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As of May 2022, FAT Brands own the following chains:
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755:Mejia, Brittny; Hamilton, Matt (2024-05-10).
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351:was acquired by FAT Brands for $ 25 million.
927:Companies based in Beverly Hills, California
908:
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339:FAT Brands began as a holding company for
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16:American multi-brand restaurant operator
413:U.S. Securities and Exchange Commission
942:American companies established in 2017
932:Restaurant chains in the United States
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609:"Fat Brands Inc. 2023 SEC Form 10-K"
592:"Fat Brands Inc. 2023 SEC Form 10-K"
575:"Fat Brands Inc. 2023 SEC Form 10-K"
558:"Fat Brands Inc. 2023 SEC Form 10-K"
541:"Fat Brands Inc. 2023 SEC Form 10-K"
524:"Fat Brands Inc. 2023 SEC Form 10-K"
417:U.S. Attorneys Office for California
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668:(Press release). 1 September 2021
481:Ponderosa and Bonanza Steakhouses
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343:in 2017, gaining a chairman in
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830:Michaels, Laura (2023-03-07).
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880:. You can help Knowledge by
805:Lucas, Amelia (2024-05-10).
354:In July 2021, FAT purchased
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957:United States company stubs
463:Hurricane Grill & Wings
251:Hurricane Grill & Wings
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119:Thayer D. Wiederhorn (COO)
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405:Internal Revenue Service
282:Native Grill & Wings
692:GlobeNewswire News Room
666:GlobeNewswire News Room
628:. CNN. August 13, 2020
453:Great American Cookies
391:Great American Cookies
387:Nestlé Toll House Café
368:Great American Cookies
356:Global Franchise Group
347:. On August 13, 2020,
255:Great American Cookies
228:7,390 (December 2023)
718:Verdict Food Service
473:Marble Slab Creamery
376:Marble Slab Creamery
263:Ponderosa Steakhouse
243:Marble Slab Creamery
505:Yalla Mediterranean
292:Yalla Mediterranean
224:Number of employees
21:
458:Hot Dog on a Stick
364:Hot Dog on a Stick
279:Hot Dog on a Stick
267:Bonanza Steakhouse
117:Rob Rosen (Co-CEO)
115:Ken Kuick (Co-CEO)
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761:Los Angeles Times
491:Round Table Pizza
401:Andrew Wiederhorn
360:Round Table Pizza
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259:Round Table Pizza
176:US$ â90.1 million
156:US$ â22.3 million
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882:expanding it
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787:. 2024-05-10
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720:. 2022-05-26
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496:Smokey Bones
486:Pretzelmaker
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372:Pretzelmaker
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299:Smokey Bones
289:Pretzelmaker
234:Subsidiaries
205:Total equity
185:Total assets
90:Headquarters
34:Company type
672:5 September
409:written off
393:locations.
66:Restaurants
921:Categories
841:2024-05-29
816:2024-05-29
791:2024-05-29
766:2024-05-29
724:2022-05-26
632:August 13,
510:References
501:Twin Peaks
380:Twin Peaks
329:California
285:Twin Peaks
165:Net income
111:Key people
99:California
698:3 October
443:Fatburger
399:In 2024,
341:Fatburger
310:fatbrands
239:Fatburger
46:Traded as
448:Fazoli's
415:and the
345:Ed Rensi
275:Fazoli's
62:Industry
335:History
305:Website
124:Revenue
80: (
72:Founded
54::
424:Brands
218:(2023)
198:(2023)
178:(2023)
158:(2023)
138:(2023)
52:Nasdaq
38:Public
612:(PDF)
595:(PDF)
578:(PDF)
561:(PDF)
544:(PDF)
527:(PDF)
878:stub
811:CNBC
785:KTLA
700:2021
674:2021
634:2020
374:and
312:.com
134:US$
82:2017
75:2017
56:FAT
923::
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84:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
