News Summary May 21, 2024
Red Lobster Bankruptcy: Thai Union’s Role In Endless Shrimp-Gate Being Investigated
As the majority owner of Red Lobster, Thai Union executives have been speaking out for months about the financial issues surrounding the seafood restaurant chain. And now, following a Chapter 11 Bankruptcy filing, Red Lobster CEO Jonathan Tibus has some interesting things to say about Thai Union’s alleged role in the “Ultimate Endless Shrimp-gate” fiasco that lost the chain $11 million...
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