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Contact The Gross Law Firm by July 15, 2025 Deadline to Join Class Action Against Krispy Kreme, Inc.(DNUT)
Prnewswire· 2025-06-26 13:00
NEW YORK, June 26, 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=154283&from=4CLASS PERIOD: February 25, 2025 ...
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Krispy Kreme, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DNUT
GlobeNewswire News Room· 2025-06-25 16:22
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Krispy Kreme, Inc. securities between February 25, 2025, and May 7, 2025, of the July 15, 2025, deadline to become a lead plaintiff in a class action lawsuit [1][2]. Group 1: Class Action Details - A class action lawsuit has been filed against Krispy Kreme, and investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1][2]. - To participate in the class action, investors can submit a form or contact the law firm for more information [2][5]. - The lawsuit claims that Krispy Kreme made false and misleading statements regarding its partnership with McDonald's, which affected sales and expansion plans [4]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [3]. - Rosen Law Firm has a history of significant settlements, including over $438 million secured for investors in 2019 [3]. - The firm has been recognized for its performance in securities class action settlements, ranking in the top 4 since 2013 [3].
Class Action Filed Against Krispy Kreme, Inc. (DNUT) Seeking Recovery for Investors – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-06-24 20:17
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 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]
Lynch Carpenter Investigates Claims in Krispy Kreme Data Breach
GlobeNewswire News Room· 2025-06-24 16:44
Core Points - Krispy Kreme Doughnut Corporation announced a cybersecurity incident affecting the personal information of tens of thousands of employees [1] - The data breach potentially compromised sensitive information including names, dates of birth, contact information, Social Security Numbers, Driver's license ID, financial account information, and health insurance information [1] Legal Investigation - Lynch Carpenter, LLP is investigating claims against Krispy Kreme related to the data breach [2] - Individuals who received a data breach notification from Krispy Kreme may be entitled to compensation [2] About Lynch Carpenter - Lynch Carpenter is a national class action law firm with a focus on data privacy matters and has represented millions of clients over more than a decade [3] - The firm has earned national acclaim for complex litigation for plaintiffs across the country [3]
McDonald's, Krispy Kreme ending doughnut deal after one year: ‘Unsustainable for us'
New York Post· 2025-06-24 15:07
Core Insights - McDonald's and Krispy Kreme will end their partnership in the US by July due to cost management issues [1][2] - The partnership aimed to sell Krispy Kreme's doughnuts at over 14,000 McDonald's locations, but only 2,400 stores offered the product [1][5] - Krispy Kreme's CEO stated that aligning costs with unit demand was unsuccessful, making the partnership unsustainable [2] Company Performance - Krispy Kreme has withdrawn its annual forecast and is reassessing the deployment schedule for the partnership [3][7] - The company's shares have decreased by approximately 70% this year, reflecting significant market challenges [3] - McDonald's indicated that Krispy Kreme was a small, non-material part of its breakfast business, which is a core pillar of its strategy [6] Market Strategy - McDonald's has been focusing on enhancing its breakfast menu by introducing new items and marketing efforts [4] - The partnership's failure highlights the challenges in integrating external products into established fast-food operations [1][2]
McDonald's and Krispy Kreme end brief partnership over unsustainable costs
Proactiveinvestors NA· 2025-06-24 14:39
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
McDonald's and Krispy Kreme will end doughnut partnership next month
CNBC· 2025-06-24 14:02
Core Viewpoint - Krispy Kreme and McDonald's are ending their partnership due to unsustainable business conditions for Krispy Kreme, despite initial success for McDonald's [1][2]. Group 1: Partnership Details - The partnership allowed Krispy Kreme doughnuts to be sold in 2,400 McDonald's locations, but sales slowed down, leading to a pause in May [1]. - The companies had previously announced plans to expand the partnership nationwide by 2026, which will no longer proceed [1]. Group 2: Financial Implications - Krispy Kreme withdrew its full-year financial outlook, citing economic "softness" as a contributing factor [1]. - The agreement was described as a "small, non-material" part of McDonald's breakfast business [2]. Group 3: Market Reactions - Following the announcement, McDonald's shares dipped slightly, while Krispy Kreme's stock rose by more than 1% [3]. - McDonald's has experienced sluggish sales, with its largest same-store sales decline since 2020 reported in the first quarter [3]. - Krispy Kreme reported a loss of approximately $33 million in its first quarter and has seen its shares plunge about 73% this year [3].
KRISPY KREME, INC. (NASDAQ: DNUT) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds Krispy Kreme, Inc. Investors of Upcoming Deadline
GlobeNewswire News Room· 2025-06-23 12:30
NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Krispy Kreme, Inc. ("Krispy Kreme" or the "Company") (NASDAQ: DNUT) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join This Class Action Lawsuit? If you purchased or acquired Krispy Kreme securities, and/or would like to discuss your legal rights and options please visit Krispy Kreme, Inc. Shareholder Clas ...
DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Krispy Kreme Doughnut Corporation Customers Whose Data May Have Been Compromised
GlobeNewswire News Room· 2025-06-20 22:04
Core Insights - Krispy Kreme Doughnut Corporation is under investigation for data privacy violations following unauthorized activity detected on its network around November 29, 2024 [1][3] - The company confirmed that certain personal information may have been compromised as a result of this incident, with the investigation concluding on May 22, 2025 [3] Company Overview - Krispy Kreme was founded in 1937 in North Carolina and has grown to operate over 1,400 shops globally [2] Incident Details - Unauthorized activity on Krispy Kreme's information technology systems was first identified on or about November 29, 2024 [3] - The investigation revealed that personal information, including names combined with other personal details, may have been affected [4] Legal Actions - Edelson Lechtzin LLP is investigating a potential class action lawsuit to seek legal remedies for individuals whose sensitive personal data may have been compromised [5]
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].