RADNOR, Pa.--(BUSINESS WIRE)--Kaskela Law LLC is investigating FAT Brands Inc. (NASDAQ:FAT) (“FAT Brands” or the “Company”) on behalf of the Company's investors. The investigation seeks to determine whether FAT Brands issued misleading statements to investors in connection with the Company’s October 2017 initial public offering (“IPO”) of common stock.
Specifically, on or around October 23, 2017, FAT Brands conducted its IPO of common stock, selling millions of shares of stock to public investors at $12.00 per share. Since the time of the IPO the Company’s shares have significantly declined in value, and currently trade at less than $8.00 per share, a cumulative decline of more than 33% in value.
FAT Brands investors are encouraged to contact Kaskela Law LLC (David Seamus Kaskela, Esq.) at (484) 258 – 1585 or (888) 715 – 1740 to discuss this investigation and their important legal rights and options. FAT Brands investors who suffered an investment loss in excess of $100,000 are encouraged to submit their information to the firm for review at http://kaskelalaw.com/case/fat-brands-inc/.
Kaskela Law LLC exclusively prosecutes shareholder actions in state and federal courts throughout the country on behalf of investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.