Red Lobster's Endless Shrimp Promotion Allegedly Led to Financial Collapse, Lawsuit Claims
A lawsuit filed against Thai Union alleges that its aggressive shrimp supply contracts with Red Lobster exacerbated the restaurant chain’s financial difficulties. The promotion 'Everyday $20 Ultimate Endless Shrimp' is described as a major misstep contributing to Red Lobster's Chapter 11 bankruptcy filing in May 2024.
