On October 9, 2025, Fat Brands, Inc. reported a settlement agreement reached on August 1, 2025, resolving two lawsuits related to past mergers and recapitalizations, with terms including a $10 million payout from insurers and the receipt of 200,000 shares from Fog Cutter Holdings LLC. The settlement will implement corporate governance changes without admitting fault and must be approved by the Delaware Court of Chancery.