Everyone blamed endless shrimp for sinking Red Lobster - chain's bankruptcy filing points out a very different culprit.

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  "signal_type": "news",
  "signal_subtype": "declares_bankruptcy",
  "detected_at": "2026-04-21T04:31:00+00:00",
  "company": {
    "name": "Red Lobster",
    "domain": "redlobster.com"
  },
  "data": {
    "url": "https://finance.yahoo.com/markets/stocks/articles/everyone-blamed-endless-shrimp-sinking-112500861.html",
    "title": "Everyone blamed endless shrimp for sinking Red Lobster - chain's bankruptcy filing points out a very different culprit.",
    "excerpt": "Everyone blamed endless shrimp for sinking Red Lobster - chain's bankruptcy filing points out a very different culprit.\n\nGodwin Oluponmile\n\nThe internet had a field day with the idea that a $20 all-you-can-eat shrimp deal could bring down a nearly 60-year-old American restaurant institution, but Red Lobster's bankruptcy filing says it wasn't just because of the shrimp.\n\nWhen Red Lobster's then CEO Jonathan Tibus filed for Chapter 11 in a Florida bankruptcy court back in 2024 (1), he said they were investigating whether Thai Union (the seafood giant that was simultaneously Red Lobster's largest shareholder and its primary shrimp supplier) had exerted \"undue influence\" over decisions that helped sink the company.\n\n* Thanks to Jeff Bezos, you can now become a landlord for as little as $100 - and no, you don't have to deal with tenants or fix freezers. Here's how\n* Robert Kiyosaki says this 1 asset will surge 400% in a year and begs investors not to miss this 'explosion'\n* Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake - here's how to fix it ASAP\n\nNow, that's a different story.\n\nTurns out the $20 shrimp promotion was supposed to be temporary, and Red Lobster had done it that way for 20 years before it became a permanent menu item under the influence of Thai Union.\n\nHow Thai Union got involved with Red Lobster.\n\nThe trouble actually started over...",
    "summary": "Red Lobster, Inc. declared bankruptcy under Chapter 11 on Jul 1st '24.",
    "category": "declares_bankruptcy",
    "found_at": "2026-04-21T04:31:00Z",
    "planning": false,
    "image_url": "https://s.yimg.com/ny/api/res/1.2/CM4P391Qr7IbQTtaxik0zA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/moneywise_327/2769bb8b221c1792776d0b7413ed564b",
    "confidence": 0.4234,
    "published_at": "2026-04-26T08:25:00Z",
    "effective_date": "2024-07-01",
    "article_sentence": "When Red Lobster's then CEO Jonathan Tibus filed for Chapter 11 in a Florida bankruptcy court back in 2024 (1), he said they were investigating whether Thai Union (the seafood giant that was simultaneously Red Lobster's largest shareholder and its primary shrimp supplier) had exerted \"undue influence\" over decisions that helped sink the company."
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"redlobster.com","limit":20}'