Johnny Rockets litigation history

Parent, affiliates, master franchisor and subfranchisor

Pending (1)

• Mitchell Kates v. FAT Brands, Inc., Andrew Wiederhorn, Kenneth J. Kuick and Robert G. Rosen

  pending

  FAT Brands, Inc. (FAT) · filed 2024-06-07 · United States District Court for the Central District of California · 2:24-cv-04775-MWF-MAA

  “Case No. 2:24-cv-04775-MWF-MAA) On June 7, 2024, plaintiff Mitchell Kates, a putative investor in FAT, filed a putative class action lawsuit against FAT, Andrew Wiederhorn, Kenneth J. Kuick and Robert G. Rosen, asserting claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934”Page 17 of the 2025 FDD, Item 3

Concluded (7)

• Robert J. Matthews, et al., v. FAT Brands, Inc., Andrew Wiederhorn, Ron Roe, Rebecca Hershinger and Ken Kuick

  settled

  FAT Brands, Inc. · filed 2022-03-18 · United States District Court for the Central District of California · 2:22-cv-01820

  “Case No. 2:22-cv-01820). On March 18, 2022, plaintiff Robert J. Matthews, a putative investor in the Company, filed a putative class action lawsuit against the Company, Andrew Wiederhorn, Ron Roe, Rebecca Hershinger and Ken Kuick, asserting claims under Sections 10(b) and 20(a) of the”Page 17 of the 2025 FDD, Item 3

  Outcome: “In August 2022, after mediation the parties agreed to settle the litigation. Pursuant to the settlement, FAT agreed to pay on behalf of the defendants $2,500,000 in cash and $500,000 in Class A common stock of FAT to the class plaintiffs, the plaintiffs released all claims against the defendants, and the case was dismissed with prejudice in February 2023.” (page 18)

• Ieman Shahi vs. Fatburger North America, Inc., Andrew Alan Wiederhorn, Taylor Andrew Wiederhorn, et al

  dismissed

  Brought by a franchisee · Fatburger North America, Inc. (FBNA) · filed 2019-07-08 · Superior Court for the State of California for the County of Los Angeles · 19STCV23772

  “Case No. 19STCV23772 (July 8, 2019). On July 8, 2019, Ieman Shahi (“Shahi”) filed a complaint against FBNA as well as Andrew A. Wiederhorn and Taylor A. Wiederhorn. The Court dismissed Andrew and Taylor Wiederhorn from the lawsuit on January 27, 2021. Shahi sought rescission of an international Multi- Unit Restaurant Agreement entered into by Shahi and FBNA in October 2015”Page 18 of the 2025 FDD, Item 3

  Outcome: “FBNA filed a cross complaint on April 13, 2020 asserting that Shahi breached the international Multi-Unit Restaurant Agreement. The case was dismissed on October 21, 2021.” (page 19)

• Adam Vignola, et al. v. FAT Brands Inc., et al.

  settled

  FAT Brands, Inc., its officers, directors and affiliates · filed 2018-08-24 · United States District Court for the Central District of California · 2:18-cv-07469 (also printed as 2:18-cv-07469-PSG-PLA)

  “… United States District Court for the Central District of California, Case No. 2:18-cv-07469. On August 24, 2018, the Original Defendants were named as defendants in a putative securities class action lawsuit entitled”Page 19 of the 2025 FDD, Item 3

  Outcome: “On September 25, 2020, the parties executed a Settlement Agreement and Mutual Release pursuant to which lead plaintiffs agreed to dismiss their individual claims against defendants with prejudice in exchange for a payment by or on behalf of defendants of $75,000.”

• Eric Rojany, et al. v. FAT Brands Inc., et al.

  settled

  FAT Brands, Inc., its officers, directors and affiliates · filed 2018-06-07 · Superior Court of California for the County of Los Angeles · BC708539

  “In 2018, FAT Brands, its officers, directors and affiliates were named in various putative securities class action lawsuits relating to a decline in the price of FAT’s common stock following its initial public offering in October 2017: Eric Rojany, et al. v. FAT Brands Inc., et al., Superior Court of California for the County of Los Angeles,”Page 19 of the 2025 FDD, Item 3

  Outcome: “On January 6, 2021, the parties executed a Settlement Agreement and Mutual Release pursuant to which plaintiff agreed to dismiss his individual claims against defendants with prejudice in exchange for a payment by or on behalf of defendants of $50,000.”

• P&K Food Market, Inc. vs. Buffalo's Franchise Concepts, Inc., Fog Cutter Capital Group, Shaun Curtis, Andy Wiederhorn et al.

  dismissed

  Brought by a franchisee · Buffalo's Franchise Concepts, Inc. and Fog Cutter Capital Group · filed 2018-07-13 · Superior Court of California for the County of Los Angeles · 18STLC09534

  “18STLC09534 (July 13, 2018). On July 13, 2018, P&K Food Market, Inc. (“P&K”) filed a complaint against Buffalo’s Franchise Concepts, Inc., Fog Cutter Capital Group, Shaun Curtis, and Andy Wiederhorn for Breach of Contract, Fraudulent Misrepresentation and Unlawful Offer and Sale of Franchise By Means of Untrue Statements or Omissions of Material Fact”Page 19 of the 2025 FDD, Item 3

  Outcome: “The lawsuit seeks general damages, special damages, punitive damages, restitution, interest, costs and attorneys’ fees and costs related to the alleged unlawful sale of the Palmdale restaurant. The case was dismissed on February 13, 2019.”

• Commonwealth of Virginia ex rel. State Corporation Commission v. Fatburger North America, Inc.

  settled

  Government or regulatory action · Fatburger North America, Inc. (FBNA) · Virginia State Corporation Commission · SEC-2022-00034

  “(Case No. SEC-2022-00034, Settlement Order entered Jul. 12, 2023, Final Order entered Oct. 23, 2023). This matter involves allegations by the Virginia State Corporation Commission’s Division of Securities and Retail Franchising that Fatburger North America, Inc., offered and sold 3 Virginia franchises at a time”Page 18 of the 2025 FDD, Item 3

  Outcome: “FBNA reached a settlement in principle in May 2023, without admitting or denying the allegations, and agreed: (a) to offer the affected franchisees an opportunity to rescind their franchises; (b) to pay $27,000 to the Commonwealth of Virginia”

• Commonwealth of Virginia ex rel. State Corporation Commission v. Fatburger North America, Inc. (No. SEC-2022-0042)

  settled

  Government or regulatory action · Fatburger North America, Inc. (FBNA) · Virginia State Corporation Commission · SEC-2022-0042

  “This matter involves allegations by the Virginia State Corporation Commission’s Division of Securities and Retail Franchising (the “Division”) that Fatburger North America, Inc., when seeking an exemption from the registration requirements of the Virginia Retail Franchising Act, incorrectly stated its total stockholder”Page 18 of the 2025 FDD, Item 3

  Outcome: “Without admitting or denying the allegations, FBNA made an offer of settlement in the amount of Five thousand Dollars ($5,000) in civil penalty and Five Hundred Dollars ($500) to defray the costs of investigation.”