Details from todays After all the hullabaloo in the last couple of years about from the Although our attitude has mellowed somewhat since we filed "I HATE Krispy Kreme" we were vaguely aware that the company was meeting with some resistence in their assault on Dunkin’ stronghold New England. Then, when flimsy boxes of cold, crusty Krispies … Continue reading ![](\"http:\/\/cyber.law.harvard.edu\/blogs\/static\/dowbrigade\/krispy.gif\")
Although
\n our attitude has mellowed somewhat since we filed "I
\n HATE Krispy Kreme<\/a>"
\n <\/em>we were vaguely aware that the company was meeting with some resistence
\n in their assault on Dunkin’ stronghold New England. Then, when
\n flimsy boxes of cold, crusty Krispies appeared on the shelves of Shaw’s
\n Supermarkets, we knew they were in trouble for real.<\/p>\n
\n Boston Globe<\/a>:<\/em><\/p>\n\n
\n its expanding nationwide, the North Carolina-based doughnut chain’s sales
\n and stock price have gone stale. Late last year, the company reported a
\n $3 million quarterly loss. More ominous still, management is under investigation
\n by the Securities and Exchange Commission over its financial reporting,
\n and shareholders have filed suit in federal court alleging the company
\n cooked the books to show healthy profits, even though it knew sales were
\n crashing. Yesterday, the company announced it would lower reported profits
\n for the last three quarters of the year ending February 2004.<\/p>\n<\/blockquote>\n
\n Boston Globe<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"