FEBRUARY 13, 2018
Prescott Lovern, Sr. (Lovern) caught Buffalo Wild Wings (BWW) filing fraudulent SEC documents in 2017 while finalizing their $2.9 Billion sale to Inspired Brand’s, Inc. (fka Arby’s Restaurant Group, Inc.) (Arby’s). Lovern confronted Arby’s and Roark Capital Group who owns Arby’s. They immediately went into cover-up mode.
When Lovern confronted BWW’s general counsel she disappeared and so did the SEC documents in question from the BWW website, but, Lovern has them.
This is going to be a very interesting situation considering there is a BWW shareholder lawsuit pending over the sale of BWW to Arby’s. Roark Capital is playing with fire.