On August 3, 2023, BT Brands, Inc. announced that together with CEO Gary Copperud, on August 2, 2023, filed a lawsuit in Federal Court for the Southern District of Indiana naming Noble Roman?s, Inc. and its directors as Defendants. BT Brands stated that the suit alleges that the Company and its directors violated federal law in omitting material information from its Definitive Proxy Statement, that the Company and its directors have violated their fiduciary duties in attempting to prevent BT Brands? nomination of Gary Copperud, frustrating the expressed will of an overwhelming number of shares.

BT Brands and Gary Copperud added that together filed a motion requesting the Court to order the Company and its directors to hold an annual meeting at which Gary Copperud?s nomination will be duly considered, the votes in his favor counted, and the results of the shareholders? directive respected.