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2024

Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M all-you-can-eat-shrimp fiasco contributed to its demise

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Red Lobster is blaming its bankruptcy on top shareholder and its ex-CEO, saying an $11M all-you-can-eat-shrimp fiasco contributed to its demise Former shareholder Thai Union had an "outsized influence on the company’s shrimp purchasing," Red Lobster's new CEO has alleged. Read More