FAT Fat Brands

U.S. Department of Justice Drops All Charges Against Andrew Wiederhorn, FAT Brands, William Amon, and Rebecca Hershinger

U.S. Department of Justice Drops All Charges Against Andrew Wiederhorn, FAT Brands, William Amon, and Rebecca Hershinger

LOS ANGELES, July 29, 2025 (GLOBE NEWSWIRE) -- The United States Attorney for the Central District of California has filed a motion to dismiss all charges against Andrew “Andy” Wiederhorn,  (NASDAQ: FAT), Rebecca Hershinger, and William Amon.

Mr. Wiederhorn and his legal team have consistently maintained his innocence, and that the events described involved no criminal conduct, no victims, and no financial losses.

“From day one, we have maintained Andy’s innocence,” said Nick Hanna, of Gibson Dunn, counsel for Mr. Wiederhorn and the former U.S. Attorney for the Central District of California. “We are extremely grateful that the U.S. Attorney’s Office listened to our arguments and determined, in the interests of justice, that all charges should be dropped.”

“We have said from the beginning that this is a case with no victims, no losses, and no crimes,” added Douglas Fuchs of Gibson Dunn and counsel to Mr. Wiederhorn. “Today, the U.S. Attorney took the appropriate step of dismissing the indictment.”

“I am grateful to the U.S. Attorney’s Office for taking a fresh look at this case and to the attorneys who worked tirelessly on my behalf and on behalf of the other defendants,” said Andy Wiederhorn. “With this indictment behind us, I look forward to focusing on the continued growth and success of FAT Brands.”

FAT Brands Inc. is a global restaurant franchising company with a portfolio of 18 restaurant concepts and over 2,300 locations worldwide. With the DOJ matter closed, FAT Brands is poised to continue to build on recent growth, with over 1,000 units in its development pipeline, approximately 120 signed development agreements year-to-date, and more than 100 new store openings anticipated this year. The company’s franchising model, co-branding options, and well-established restaurant concepts – including Fatburger, Johnny Rockets, Round Table Pizza, and Twin Peaks, a subsidiary of Twin Hospitality Group Inc. (NASDAQ: TWNP) – position it as a leader in the global dining landscape.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, casual and polished casual dining restaurant concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza®, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Native Grill & Wings, Pretzelmaker, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit .

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the timing and performance of new store openings and FAT Brands’ pipeline of new store locations. These statements are subject to significant business, economic and competitive risks, uncertainties and contingencies, many of which are difficult to predict and beyond our control, which could cause our actual results to differ materially from the results expressed or implied in such forward-looking statements. We refer you to the documents filed by FAT Brands from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other risks and uncertainties that could cause our actual results to differ materially from our current expectations and from the forward-looking statements contained in this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

MEDIA CONTACT:

Erin Mandzik, FAT Brands



860-212-6509



EN
30/07/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Fat Brands

 PRESS RELEASE

Johnny Rockets Serves up Nostalgia with New Retro-Inspired Beverages

Johnny Rockets Serves up Nostalgia with New Retro-Inspired Beverages Classic Burger Concept Launches MUG® Root Beer Float & STARRY® Shirley Temple Drinks in Partnership with PEPSI® LOS ANGELES, Aug. 19, 2025 (GLOBE NEWSWIRE) -- , the timeless, all-American burger chain owned by , is teaming up with PEPSI® to launch two limited-time beverage offerings that are guaranteed to refresh taste buds and bring back the golden age of soda. Available now through the end of the year, guests can step back in time and enjoy the new MUG® Root Beer Float and STARRY® Shirley Temple at participating locat...

 PRESS RELEASE

Marble Slab Creamery Debuts Dubai Chocolate Sundae

Marble Slab Creamery Debuts Dubai Chocolate Sundae Beloved Ice Cream Franchise Launches Decadent Creation in Partnership with The Dairy Alliance LOS ANGELES, Aug. 18, 2025 (GLOBE NEWSWIRE) -- , the small-batch ice cream franchise known for its imaginative flavor combinations owned by , is embracing one of the most buzz-worthy dessert trends with the launch of its new Dubai Chocolate Sundae. Created in partnership with , the new limited-time treat combines global flavors with Marble Slab Creamery’s signature homemade ice cream that fans know and love. Available at select stores nationwid...

 PRESS RELEASE

FAT Brands Opens First Co-Branded Round Table Pizza and Fatburger in C...

FAT Brands Opens First Co-Branded Round Table Pizza and Fatburger in California Iconic Pizza Chain Adds Sizzling Hot Burger Chain to Rancho Cordova Location LOS ANGELES, Aug. 08, 2025 (GLOBE NEWSWIRE) -- , , parent company of , , and 16 other restaurant concepts, announces the opening of its first co-branded Round Table Pizza and Fatburger in California in Rancho Cordova. With the addition of sister brand Fatburger, guests can now enjoy fresh, new menu additions including the chain’s beloved custom-built burgers, fries and hand-scooped milkshakes. “There’s nothing better than seeing two...

 PRESS RELEASE

Round Table Pizza Twists Up a Classic with New Bacon Cheddar Twists

Round Table Pizza Twists Up a Classic with New Bacon Cheddar Twists Royal Pizza Chain Debuts Savory Limited-Time Offer LOS ANGELES, Aug. 07, 2025 (GLOBE NEWSWIRE) -- , a leading pizza franchise owned by , known for its commitment to quality and authenticity, is putting a spin on a classic. Now through Jan. 4, fans can get a taste of the all-new Bacon & Cheddar Twists, a crave-worthy menu addition that builds off the brand’s iconic Garlic Parmesan Twists. Baked to perfection, loaded with smokey bacon and cheddar cheese, and served with Hidden Valley® The Original Ranch®, the new Bacon & ...

 PRESS RELEASE

FAT Brands Announces Proposed Settlement of Stockholder Derivative Law...

FAT Brands Announces Proposed Settlement of Stockholder Derivative Lawsuits LOS ANGELES, Aug. 04, 2025 (GLOBE NEWSWIRE) --  (NASDAQ: FAT) (the “Company”) announced today that it has entered into a stipulation of settlement to resolve two stockholder derivative lawsuits pending in the Court of Chancery of the State of Delaware (the "Court") on behalf of the Company against certain current and former directors and officers of the Company. The stockholder derivative claims were filed in June 2021 (Case No. 2021-0511-NAC, relating to the Company’s December 2020 merger with Fog Cutter Capital ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch