More Shareholder Displeasure

Shareholder Says Darden Restaurants Sold Red Lobster Too Soon & For Too Little

Shareholder Says Darden Restaurants Sold Red Lobster Too Soon & For Too Little

You may remember that earlier this summer Darden Restaurants sold off its not-so-profitable Red Lobster chain for $2.1 billion citing slow business. Well, things might not have been so dire for the seafood chain, a new lawsuit pitting a Darden’s shareholder against the board shows. [More]