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Faruqi & Faruqi Reminds Krispy Kreme Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 15, 2025 - DNUT
Prnewswire· 2025-06-20 15:55
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Krispy Kreme, Inc. due to allegations of misleading statements and a significant decline in financial performance, particularly related to its partnership with McDonald's [2][4]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Krispy Kreme between February 25, 2025, and May 7, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Krispy Kreme, with a deadline of July 15, 2025, for investors to seek the role of lead plaintiff [2][6]. Group 2: Financial Performance - Krispy Kreme reported a net revenue of $375.2 million for Q1 2025, reflecting a decline of 15.3% compared to the previous year [5]. - The company also reported a net loss of $33.4 million for Q1 2025, compared to a net loss of $6.7 million in the prior year [5]. - Following the financial results announcement, Krispy Kreme's share price fell by 24.71%, or $1.07 per share, closing at $3.26 on May 8, 2025 [5]. Group 3: Allegations Against Krispy Kreme - The complaint alleges that Krispy Kreme and its executives made false or misleading statements regarding the demand for its products at McDonald's locations, which declined significantly after the initial marketing launch [4]. - It is claimed that the partnership with McDonald's was not profitable and posed substantial risks to maintaining the partnership, leading to a pause in expansion plans [4].
Krispy Kreme Data Breach Alert Issued By Wolf Haldenstein
GlobeNewswire News Room· 2025-06-20 13:13
Core Points - Krispy Kreme Doughnut Corporation, Inc. experienced a data breach in November 2024, resulting in the potential theft of personal information of employees and former employees [2][3] - The compromised personal information includes names, Social Security numbers, dates of birth, driver's license numbers, financial account information, credit and debit card information, passport numbers, digital signatures, biometric data, medical or health information, and health insurance information [3] - Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims on behalf of those affected by the data breach and is encouraging individuals to contact them if they have experienced concerning activity related to the breach [1][4] Company Information - Krispy Kreme is headquartered in Charlotte, North Carolina [2] - Wolf Haldenstein Adler Freeman & Herz LLP is a national consumer rights law firm with experience in consumer rights litigation across various jurisdictions [6]
Levi & Korsinsky Notifies Krispy Kreme, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - DNUT
Prnewswire· 2025-06-20 13:00
NEW YORK, June 20, 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.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Krispy Kreme, Inc. investors who were adversely affected by alleged securities fraud between February 25, 2025 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/krispy-krem ...
Investors who lost money on Krispy Kreme, Inc.(DNUT) should contact Levi & Korsinsky about pending Class Action - DNUT
GlobeNewswire News Room· 2025-06-19 20:00
NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Krispy Kreme, Inc. ("Krispy Kreme, Inc." or the "Company") (NASDAQ: DNUT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Krispy Kreme, Inc. investors who were adversely affected by alleged securities fraud between February 25, 2025 and May 7, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/krisp ...
Krispy Kreme Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims
GlobeNewswire News Room· 2025-06-19 16:20
Core Points - Krispy Kreme Doughnut Corporation experienced a data breach that compromised the personal information of 161,676 individuals [2] - The ransomware group Play claimed responsibility for the attack, stating they stole 184 Gb of data, which includes sensitive personal and financial information [3] Company Impact - The data breach involved the exposure of various types of sensitive information, including names, Social Security numbers, financial account information, driver's license numbers, payment card information, medical and health information, dates of birth, passport numbers, digital signatures, email addresses and passwords, biometric data, and US military ID numbers [6] - Murphy Law Firm is investigating claims and evaluating legal options for affected individuals, including a potential class action lawsuit [4][5]
Shareholders that lost money on Krispy Kreme, Inc.(DNUT) should contact The Gross Law Firm about pending Class Action - DNUT
Prnewswire· 2025-06-19 13:00
NEW YORK, June 19, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Krispy Kreme, Inc. (NASDAQ: DNUT).Shareholders who purchased shares of DNUT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/krispy-kreme-inc-loss-submission-form/?id=153519&from=4 CLASS PERIOD: February 25, 202 ...
KRISPY KREME, INC. (NASDAQ: DNUT) INVESTOR ALERT: Investors With Large Losses in Krispy Kreme, Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
GlobeNewswire News Room· 2025-06-19 12:15
NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Krispy Kreme, Inc. (“Krispy Kreme” or the “Company”) (NASDAQ: DNUT) between February 25, 2025 and May 7, 2025, inclusive. For more information, submit a form at Krispy Kreme, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or c ...
Shareholders of Krispy Kreme, Inc. Should Contact The Gross Law Firm Before July 15, 2025 to Discuss Your Rights – DNUT
GlobeNewswire News Room· 2025-06-18 13:27
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Krispy Kreme, Inc. (NASDAQ: DNUT). Shareholders who purchased shares of DNUT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/krispy-kreme-inc-loss-submission-form/?id=153452&from=3 CLASS PERIOD: February ...
Shareholders that lost money on Krispy Kreme, Inc. (DNUT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
GlobeNewswire News Room· 2025-06-16 17:27
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 to share in any potential recovery [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has a strong track record in high-stakes securities litigation [4]. - The firm has over 70 employees dedicated to serving clients and has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [4].
Shareholders of Krispy Kreme, Inc. Should Contact The Gross Law Firm Before July 15, 2025 to Discuss Your Rights - DNUT
Prnewswire· 2025-06-16 09:45
NEW YORK, June 16, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Krispy Kreme, Inc. (NASDAQ: DNUT).Shareholders who purchased shares of DNUT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/krispy-kreme-inc-loss-submission-form/?id=152950&from=4CLASS PERIOD: February 25, 2025 ...