Burger Fuel founder serves up legal action against $4m payout

Majority shareholder Josef Roberts and chair Peter Brook have been on Burger Fuel's board since 2007. (Image: Burger Fuel)

Rebecca Stevenson

Tue, 23 Jan 2024

Burger Fuel founder Chris Mason is taking legal action against the listed company’s plan to return millions to shareholders, with most of it going to majority owner Josef Roberts.The fast-food company intends to pay out about $4 million in excess cash. About $2.9m of that is destined for Roberts, the group's chief executive officer, who controls about 71% of the firm.But Burger Fuel says a shareholder has filed a notice of opposition to the originating application for court orders for the proposed return of capital.Burger Fuel ch...

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