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 demiseRed Lobster bankruptcy: Ultimate Endless Shrimp offer partly to blame - Fortune
fortune.comSubmitted by fortune4233 in business
Thai Union and former Red Lobster CEO Paul Kerry's Ultimate Endless Shrimp offer was in part to blame for its demise, wrote new CEO Jonathan Tibus.