 WILMINGTON, Del., Dec. 11, 2020 GLOBE NEWSWIRE -- Andrews Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of FAT Brands Inc. NASDAQCM: FAT FAT Brands or the Company relating to the sale of the Company to Fog Cutter Capital Group Inc. Fog Cutter, which owns and controls over 81 of Fat Brands stock. The two parties have announced that they reached an agreement in principle pursuant to which Fog Cutter will acquire Fat Brands in a merger. As a result of the merger, Fat Brands shareholders are only anticipated to receive 0.2319998077 shares of the Companys 8.25 Series B Cumulative Preferred Stock in exchange for each share of Fat Brands. 