Core Viewpoint - A class action securities lawsuit has been filed against Krispy Kreme, Inc. alleging securities fraud that negatively impacted investors between February 25, 2025, and May 7, 2025 [1][2] Group 1: Allegations of the Lawsuit - The lawsuit claims that demand for Krispy Kreme products significantly declined at McDonald's locations following the initial marketing launch [2] - It is alleged that the drop in demand at McDonald's contributed to a decrease in average sales per door per week [2] - The partnership with McDonald's is claimed to be unprofitable, posing a substantial risk to its continuation [2] - As a result of these issues, the company is said to have paused its expansion into new McDonald's locations [2] - The defendants' positive statements regarding the company's business and prospects are alleged to be materially misleading and lacking a reasonable basis [2] Group 2: Next Steps for Affected Investors - Investors who suffered losses during the specified timeframe have until July 15, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive experience in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4]

Core Viewpoint - A class action has been filed against Krispy Kreme, Inc. for allegedly misleading investors regarding its partnership with McDonald's, which has led to a significant decline in demand and financial performance [1][2]. Group 1: Allegations and Financial Performance - The class action alleges that Krispy Kreme did not disclose a material decline in demand for its products at McDonald's locations following the initial marketing launch [1]. - The partnership with McDonald's was reportedly not profitable, contributing to a decline in average sales per door per week [1]. - Krispy Kreme's first quarter 2025 financial results showed net revenue of $375.2 million, a decline of 15.3%, and a net loss of $33.4 million compared to a prior year net loss of $6.7 million [2]. - Following the financial results announcement, Krispy Kreme shares fell nearly 25%, indicating a negative market reaction [2]. Group 2: Company Actions and Future Outlook - Krispy Kreme announced it is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainty surrounding the partnership [2]. - The company is pausing its expansion into new McDonald's locations as a result of the aforementioned issues [1].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Krispy Kreme, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose critical information during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from February 25, 2025, to May 7, 2025 [3]. - Allegations include: - A significant decline in demand for Krispy Kreme products at McDonald's locations following the initial marketing launch [3]. - This decline contributed to decreasing average sales per door per week [3]. - The partnership with McDonald's was reportedly not profitable [3]. - The aforementioned issues posed a substantial risk to the continuation of the partnership with McDonald's [3]. - As a result, the company would pause its expansion into new McDonald's locations [3]. - Positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 15, 2025, to participate in potential recovery [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software for updates throughout the case [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Krispy Kreme, Inc. regarding a class action lawsuit alleging misleading statements and failure to disclose critical information about the company's partnership with McDonald's and its impact on sales [1][2]. Group 1: Allegations - The complaint alleges that demand for Krispy Kreme products significantly declined at McDonald's locations following the initial marketing launch [1]. - It is claimed that the declining demand at McDonald's was a key factor in the reduction of average sales per door per week [1]. - The partnership with McDonald's is alleged to have been unprofitable, posing a substantial risk to the continuation of the partnership [1]. - As a result of these issues, the company is expected to pause its expansion into new McDonald's locations [1]. - The defendants' positive statements regarding the company's business and prospects are claimed to be materially misleading and lacking a reasonable basis [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as February 25, 2025, to May 7, 2025 [1]. - Shareholders are encouraged to register for the class action by July 15, 2025, to potentially be appointed as lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case, and they will receive updates through a portfolio monitoring software [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - A securities class action lawsuit has been filed against Krispy Kreme, alleging false or misleading statements regarding its partnership with McDonald's and the subsequent decline in product demand [1][7]. Group 1: Lawsuit Details - The lawsuit is on behalf of all individuals or entities who purchased Krispy Kreme securities between February 25, 2025, and May 7, 2025 [1]. - Investors have until July 15, 2025, to request to be appointed as Lead Plaintiff for the class [2]. Group 2: Allegations Against Krispy Kreme - Krispy Kreme allegedly failed to disclose a significant decline in demand for its products at McDonald's following the initial marketing launch [7]. - This decline resulted in lower average sales per location and indicated that the partnership with McDonald's was not profitable [7]. - The issues raised in the lawsuit suggest risks to the continuation of the partnership, leading Krispy Kreme to pause its expansion to new McDonald's locations [7]. Group 3: Legal Representation - Wolf Haldenstein Adler Freeman & Herz LLP, a law firm with over 125 years of experience in securities litigation, is representing the investors [4]. - The firm emphasizes its commitment to seeking justice for investors who have suffered financial harm due to misrepresented statements [4].

Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, Inc. for allegedly misleading investors regarding its partnership with McDonald's and the subsequent decline in demand for its products [1][2]. Allegations - The lawsuit claims that Krispy Kreme did not disclose significant issues, including a material decline in demand for its products at McDonald's locations after the initial marketing launch [2] - It is alleged that this decline in demand contributed to a decrease in average sales per door per week and that the partnership with McDonald's was not profitable [2] - The complaint also states that these factors posed a substantial risk to the continuation of the partnership and led to a pause in expansion into new McDonald's locations [2] Financial Results - On May 8, 2025, Krispy Kreme reported first quarter 2025 financial results, revealing net revenue of $375.2 million, a decline of 15.3% compared to the previous year [3] - The company also reported a net loss of $33.4 million, compared to a net loss of $6.7 million in the prior year [3] - Krispy Kreme announced it would reassess its deployment schedule with McDonald's and withdraw its previous full-year outlook due to uncertainties surrounding the partnership [3] - Following this announcement, Krispy Kreme's share price fell by nearly 25%, negatively impacting investors [3] Class Action Participation - Shareholders interested in participating in the class action must file their papers by July 15, 2025, to serve as lead plaintiff [4] - Shareholders can choose to remain absent from the case while still being eligible for recovery [4] Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless a recovery is achieved [5]

NEW YORK, May 27, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit. WHAT'S NEXT? If you suffered a loss in Krispy Kreme, Inc. during the relevant time frame, you have until July 15, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may ...

Core Viewpoint - The Krispy Kreme class action lawsuit alleges that the company and its executives made misleading statements regarding the partnership with McDonald's and the demand for its products, leading to significant financial losses for investors [1][3][4]. Company Overview - Krispy Kreme, Inc. (NASDAQ: DNUT) produces doughnuts and has recently partnered with McDonald's to offer its products in their restaurants [2][3]. - The partnership began with a small-scale test in October 2022 and was announced for nationwide expansion in March 2024 [2]. Allegations of the Lawsuit - The lawsuit claims that demand for Krispy Kreme products at McDonald's locations declined significantly after the initial launch, impacting average sales negatively [3]. - It is alleged that the partnership with McDonald's was not profitable and posed risks to its continuation, leading to a pause in expansion plans [3]. - Following the release of disappointing financial results for Q1 2025, Krispy Kreme reported net revenue of $375.2 million, a decline of 15.3%, and a net loss of $33.4 million compared to a loss of $6.7 million the previous year [4]. Financial Impact - The announcement of the financial results and reassessment of the partnership with McDonald's resulted in a nearly 25% drop in Krispy Kreme's share price [4]. Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Krispy Kreme securities during the class period to seek appointment as lead plaintiff in the lawsuit [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm for litigation [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases [6].

Group 1 - The core allegation against Krispy Kreme, Inc. is that the company misled investors regarding its partnership with McDonald's, specifically about declining demand for Krispy Kreme products at McDonald's locations and the profitability of the partnership [1][2] - Krispy Kreme reported a net revenue of $375.2 million for Q1 2025, which represents a decline of 15.3% compared to the previous year, and a net loss of $33.4 million, up from a net loss of $6.7 million in the prior year [2] - Following the release of the financial results, Krispy Kreme's share price fell nearly 25%, indicating significant investor harm due to the disclosed issues [2] Group 2 - The company announced it is reassessing its deployment schedule with McDonald's and has withdrawn its prior full-year outlook due to uncertainty surrounding the partnership [2] - Shareholders interested in participating in the class action must file their papers by July 15, 2025, to serve as lead plaintiff, representing the interests of other class members [3] - Robbins LLP, the firm leading the class action, operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is successful [4]

Core Viewpoint - A class action lawsuit has been filed against Krispy Kreme, Inc. for misleading statements regarding its partnership with McDonald's and the subsequent decline in product demand [1][5]. Group 1: Lawsuit Details - The class action lawsuit is on behalf of purchasers of Krispy Kreme securities between February 25, 2025, and May 7, 2025 [1]. - The lawsuit claims that Krispy Kreme made false and misleading statements about the demand for its products at McDonald's locations, which negatively impacted sales and the partnership's profitability [5]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - The Rosen Law Firm, known for its success in securities class actions, is representing the investors [4]. - Investors are encouraged to select qualified counsel with a proven track record in leadership roles for such cases [4]. - A lead plaintiff must move the Court by July 15, 2025, to represent other class members in the litigation [3]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - No class has been certified yet, meaning investors are not represented unless they retain counsel [7]. - Investors can choose to remain absent from the class and still have the potential to share in any future recovery [7].