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Bankruptcy15 min read

The real story behind Red Lobster’s $20 Ultimate Endless Shrimp fiasco: How an American seafood icon lost its way

The disastrous promotional offer, which played a role in the chain's bankruptcy, wasn't a blunder but a conspiracy, a lawsuit alleges.

By Nick LichtenbergFortune AI
The real story behind Red Lobster’s $20 Ultimate Endless Shrimp fiasco: How an American seafood icon lost its way

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Originally published by Fortune AI on Oct 1, 2026.

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