News Tipoffs - Oregon Editors Newsletter for Saturday May 11, 2024 ( 3 items ) |
Calif. U.S. Attorney: Former CEO and Controlling Shareholder of Fat Brands, Former CFO, and Tax Advisor Indicted in Alleged Scheme to Conceal $47M Paid to CEO in the Form of Shareholder Loans
LOS ANGELES, California, May 10 -- The office of the U.S. Attorney for Central District of California issued the following news release:
Andrew A. Wiederhorn, the former CEO and current controlling shareholder of the publicly traded Fat Brands Inc. (FAT), has been indicted on federal charges alleging a scheme to conceal $47 million in distributions he received in the form of shareholder loans from the IRS, FAT's minority shareholders, and the broader investing public, the Justice Department ann
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Department of Labor Obtains $316K Judgment Against Little Big Burger Restaurants for Taking Workers' Tips to Pay Managers in Oregon, Washington
WASHINGTON, May 11 -- The U.S. Department of Labor Wage and Hour Division issued the following news brief on May 9, 2024:
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Employer: LBB Progress Ridge LLC, operating as Little Big Burger, 12345 SW Horizon Blvd. Ste #41, Beaverton, OR 97007
Type of action: Consent judgment and order
Name of defendants: LBB Progress Ridge LLC
Amergent Hospitality Group Inc.
Fred Glick
Mike Pruitt
Adrian Oca
Background: Investigators with the U.S. Department of Labor's Wage and Hour Division found
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U.S. Department of Education Announces 161 Students to be Honored as 2024 U.S. Presidential Scholars
WASHINGTON, May 9 -- The U.S. Department of Education issued the following news release:
U.S. Secretary of Education Miguel Cardona today announced the 2024 U.S. Presidential Scholars, recognizing 161 high school seniors for their accomplishments in academics, the arts, and career and technical education fields.
"The 161 high school seniors selected for the 60th anniversary of the U.S. Presidential Scholars represent the best of our nation's schools and inspire hope in the bright future of
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