121 Aufrufe 121 0 Kommentare 0 Kommentare

FAT, FATBB, FATBP, FATBW INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Fat Brands Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Seite 2

On this news, according to the Complaint, the price of Fat Brands Class A common stock fell by $2.08 per share, or 27.73%, to close at $5.42 on May 10, 2024. Fat Brands Class B common stock fell by $2.02 per share, or 28.85%, to close at $4.98 on May 10, 2024. Fat Brands 8.25% Series B Cumulative Preferred Stock fell by $1.08 per share, or 7.24% to close at $13.82 on May 10, 2024. Fat Brands warrants fell by $1.05 per warrant, or 21.6%, to close at $3.80 on May 10, 2024.

Therefore, the Complaint alleges that as a result of Fat Brands' wrongful acts and omissions, and the precipitous decline in the market value of the Company's common shares, investors have suffered significant losses and damages.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/FAT or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Fat Brands you have until August 6, 2024, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/212436


The Fat Brands Registered (A) Stock at the time of publication of the news with a fall of -2,00 % to 4,90EUR on Tradegate stock exchange (02. August 2024, 22:26 Uhr).
Seite 2 von 2




newsfile
0 Follower
Autor folgen

Verfasst von newsfile
FAT, FATBB, FATBP, FATBW INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Fat Brands Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - Seite 2 New York, New York--(Newsfile Corp. - August 5, 2024) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Fat Brands Inc. (NASDAQ: FAT) (NASDAQ: FATBB) …