Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says
Bloomberg 2026-06-25 18:58:45
Context: Red Lobster's $20 all-you-can-eat shrimp deal, known as Endless Shrimp, has been at the center of a lawsuit that alleges it was a scheme to manipulate the company into bankruptcy. The promotion, which allowed customers to eat unlimited shrimp for a fixed price, was introduced by Red Lobster's previous owner, and its impact is still being felt. The lawsuit claims that the deal was not just a poorly designed promotion, but a deliberate attempt to squeeze the company.
Key Facts
- Red Lobster's Endless Shrimp deal, which offered customers unlimited shrimp for $20, has been alleged to be a scheme to manipulate the company into bankruptcy, according to a lawsuit.