Red Lobster lost millions on its endless shrimp disaster. Shareholders say it was a ‘car crash’ designed to squeeze profits
- Posted on June 26, 2026
- By Fortune
- 0 Views
- 1 min read
Red Lobster lost millions on its endless shrimp disaster. Shareholders say it was a ‘car crash’ designed to squeeze profits
A lawsuit accuses former controlling shareholder Thai Union of orchestrating the alleged ploy to boost its seafood business.
