Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile2 entries
1983
Separate tax-shelter fraud conviction involving the founder
In an unrelated matter, Binder became involved in an Illinois package-delivery scheme intended to defraud investors and the IRS. He was later imprisoned and served 44 months for his participation in the tax-shelter fraud.
1981
SEC stock-sale allegations involving Aaron Binder
After All-American Burger entered bankruptcy, the SEC accused founder Aaron Binder of selling company stock while allegedly knowing that the company was insolvent and before the information became public. The dispute was settled out of court, with Binder neither admitting nor denying wrongdoing.