Red Lobster's Ultimate Endless Shrimp promotion described as a 'car crash' for the company, lawsuit says

Corroborated by 2 sources from 2 publishers

globalpolitics9h ago

TL;DR

Reports differ across sources; according to fortune.com, red Lobsters’ infamous $20 “Ultimate Endless Shrimp” promotion nearly sank the restaurant chain, now shareholders are alleging the promotion was a ploy by a former majority shareholder based in Thailand to squeeze as much benefit as possible from the eatery.

Sources