---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-018736"
form_type: "8-K"
ticker: "FATAQ"
cik: "0001705012"
company_name: "Fat Brands, Inc"
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:27:55.695139+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DOJ indicts FAT Brands for extending $2.65M credit to former CEO; SEC files civil complaint

## Summary
- DOJ indictment charges FAT Brands with two Sarbanes-Oxley violations for $2.65M in loans to former CEO Wiederhorn in 2019-2020.
- SEC civil complaint alleges failure to disclose related-party transactions, false liquidity statements, and improper extension of credit to CEO.
- Indictment also names former CEO Wiederhorn, former CFO Hershinger, and tax advisor Amon on federal tax and other violations.
- SEC seeks injunctive relief, disgorgement, and civil penalties; Company says it will vigorously defend.
- Details: $600K personal loan in Jan 2019 and ~$2M loan to former parent FCCG in 2020 that indirectly funded loan to Wiederhorn.

## SEC filing metadata
- accession: 0001493152-24-018736
- form_type: 8-K
- ticker: FATAQ
- cik: 0001705012
- company_name: Fat Brands, Inc
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705012/000149315224018736/0001493152-24-018736-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705012/000149315224018736/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018736
- JSON: https://secwatch.observer/filing/0001493152-24-018736.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018736.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.