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Fatburger Parent Co. Seeks To Ditch Shareholders' IPO Suit

By Reenat Sinay ( March 20, 2019, 4:27 PM EDT) -- The parent company of fast food chain Fatburger on Tuesday urged a California federal judge to toss a putative class action accusing it of misleading investors ahead of its $20 million initial public offering, arguing that the shareholders failed to state a claim or show that they purchased stock in the IPO. . . .

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