DNUT LAWSUIT ALERT: The Gross Law Firm Notifies Krispy Kreme, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

1. Shareholders may contact Gross Law Firm for potential class action participation. 2. Allegations include false statements about partnership profitability with McDonald's. 3. Declining product demand at McDonald's negatively affects DNUT's sales. 4. Possible risk of halting expansion into new McDonald's locations is highlighted. 5. Deadline for lead plaintiff registration is July 15, 2025.

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FAQ

Why Bearish?

The allegations of misleading statements could harm investor confidence. Similar instances, like in 2020 with Luckin Coffee, drastically affected stock prices.

How important is it?

The class action and allegations could lead to significant investor losses, impacting DNUT's stock value.

Why Short Term?

Immediate impact expected as investors react to legal concerns and partnership risks. Historical instances show stock prices often drop following such announcements.

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MCD DNUT

NOTICE TO SHAREHOLDERS

NEW YORK, May 29, 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=150509&from=4

CLASS PERIOD:

February 25, 2025 to May 7, 2025

ALLEGATIONS:

The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that:

Demand for Krispy Kreme products declined materially at McDonald's locations after the initial marketing launch;
Demand at McDonald's locations was a driver of declining average sales per door per week;
The partnership with McDonald's was not profitable;
The foregoing posed a substantial risk to maintaining the partnership with McDonald's;
As a result, the Company would pause expansion into new McDonald's locations;
As a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

DEADLINE:

July 15, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/krispy-kreme-inc-loss-submission-form/?id=150509&from=4

NEXT STEPS FOR SHAREHOLDERS:

Once you register as a shareholder who purchased shares of DNUT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 15, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company led to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE The Gross Law Firm