UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 14A
(Rule 14a-101)

INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION
 
Proxy Statement Pursuant to Section 14(a) of The Securities Exchange Act of 1934
 
(Amendment No. )

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	☐	Soliciting Material Under Rule 14a-12	

FIESTA RESTAURANT GROUP, INC.	
(Name of Registrant as Specified in Its Charter)	
 	
JCP INVESTMENT PARTNERSHIP, LP
JCP SINGLE-ASSET PARTNERSHIP, LP
JCP INVESTMENT PARTNERS, LP
JCP INVESTMENT HOLDINGS, LLC
JCP INVESTMENT MANAGEMENT, LLC
JAMES C. PAPPAS
BLR PARTNERS LP
BLRPART, LP
BLRGP INC.
FONDREN MANAGEMENT, LP
FMLP INC.
BRADLEY L. RADOFF
BANDERA MASTER FUND L.P.
BANDERA PARTNERS LLC
GREGORY BYLINSKY
JEFFERSON GRAMM
LAKE TRAIL MANAGED INVESTMENTS LLC
LAKE TRAIL CAPITAL LP
LAKE TRAIL CAPITAL GP LLC
THOMAS W. PURCELL, JR.
JOSHUA E. SCHECHTER
JOHN B. MORLOCK
ALAN VITULI	
(Name of Persons(s) Filing Proxy Statement, if Other Than the Registrant)	

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JCP Investment Management, LLC, together with the other participants named herein (collectively, “JCP”), has made a definitive filing with the Securities and Exchange Commission of a proxy statement and accompanying GOLD proxy card to be used to solicit votes for the election of JCP’s slate of highly qualified director nominees to the Board of Directors of Fiesta Restaurant Group, Inc., a Delaware corporation (the “Company”), at the Company’s upcoming 2017 annual meeting of stockholders, or any other meeting of stockholders held in lieu thereof, and any adjournments, postponements, reschedulings or continuations thereof.

Item 1: On May 8, 2017, JCP issued the following press release announcing the launch of www.FixFiesta.com , a website dedicated to communicating with the Company’s stockholders:
JCP LAUNCHES WEBSITE WWW.FIXFIESTA.COM DEDICATED TO ELECTION OF ITS TWO NOMINEES AT FIESTA RESTAURANT GROUP’S ANNUAL MEETING
 
Urges Stockholders to vote the GOLD Proxy to Elect John B. Morlock and James C. Pappas
 
HOUSTON, TX, May 8, 2017 – JCP Investment Management, LLC, together with its affiliates and the other participants in its solicitation (collectively, “JCP” or “we”), collectively one of the largest stockholders of Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (NASDAQ:FRGI), with aggregate ownership of approximately 8.6% of the Company’s outstanding shares, today announced the launch of www.FixFiesta.com , a website dedicated to the election of JCP’s highly qualified nominees, John B. Morlock and James C. Pappas, to Fiesta’s Board of Directors (the “Board”) at the Company’s upcoming annual meeting scheduled for June 7, 2017 (the “Annual Meeting”).
JCP has filed a definitive proxy statement and an accompanying GOLD proxy card with the Securities and Exchange Commission in order to give stockholders an opportunity to replace Barry J. Alperin and Brian P. Friedman, directors who have overseen significant value destruction at Fiesta (including negative total shareholder returns over the past 1, 2 and 3-year periods), with direct stockholder representatives possessing restaurant industry experience.
As further explained in JCP’s proxy materials, which are available at www.FixFiesta.com , stockholders deserve an alternative to the poor operating performance and lack of accountability that has plagued Fiesta under the leadership of the incumbent Board. Notably, while Fiesta has unilaterally appointed three directors since the end of February, no incumbent has stepped down and none of the recently appointed directors (including Nicholas P. Shepherd, who also serves as a director of Spirit Realty Capital, Inc., which suffered a one-day share price decline of nearly 25% last week) are up for election at the Annual Meeting.
It is imperative that Fiesta stockholders take advantage of the opportunity at the Annual Meeting to elect representatives of their choosing. The time for change is now – JCP urges all stockholders to vote the GOLD proxy card today.
 
About JCP Investment Management:
JCP Investment Management, LLC is an investment firm headquartered in Houston, TX that engages in value-based investing across the capital structure. JCP follows an opportunistic approach to investing across different equity, credit and distressed securities largely in North America.
Investor Contacts:
 
James C. Pappas
JCP Investment Management, LLC
(713) 333-5540
 
John Glenn Grau
InvestorCom
(203) 972-9300

Media Contact:
 
Gotham Communications
Bill Douglass, (646) 504-0890
bill@gothamcomm.com

 
 
Item 2: The following materials were posted by JCP to www.FixFiesta.com :