GlobeNewswire News Room·2025-06-09 21:13Core 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, with a lead plaintiff deadline set for July 15, 2025 [1][4]. Group 1: Lawsuit Details - The lawsuit alleges that Krispy Kreme made false and misleading statements about the demand for its products at McDonald's locations, which significantly declined 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 into new locations [4]. - The lawsuit asserts that the positive statements made by Krispy Kreme regarding its business operations were materially misleading and lacked a reasonable basis [4]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [3]. - The Rosen Law Firm has a history of successful settlements in securities class actions, having recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - The firm has been recognized for its leadership in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [3].