PR Newswire · Press release
Krispy Kreme, Inc. (NASDAQ: DNUT) Investor Alert: Schubert Jonckheer Investigating Possible False Statements Following 37% Stock Drop
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SAN FRANCISCO, Nov. 9, 2026 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Krispy Kreme, Inc. (NASDAQ: DNUT) investors that the firm is investigating potential legal claims arising from alleged false and misleading statements about the company's failed partnership with McDonald's. Current shareholders are encouraged to contact the firm here: https://www.classactionlawyers.com/krispykremereminder.
On August 26, 2026, U.S. District Judge Max O. Cogburn, Jr. ruled that key claims in a securities fraud lawsuit against Krispy Kreme and its CEO and former CFO will move forward. The lawsuit alleges that between March 2024 and May 2025, the company misled investors about the nationwide expansion of the McDonald's partnership, costs of the rollout, and the partnership's success, despite knowing that serious operational problems undermined the viability of the partnership. These statements allegedly caused Krispy Kreme's stock to trade at artificially inflated prices. Judge Cogburn found the complaint sufficiently alleged that these misleading statements were made with knowledge or deliberate recklessness. When Krispy Kreme subsequently reported weaker-than-expected demand and delivery problems in February 2025, its stock price fell 35%. Then, in May 2025, Krispy Kreme revealed that the McDonald's expansion had stalled, and the stock fell 37%. The partnership was terminated in June 2025.
We are investigating potential wrongdoing by Krispy Kreme's directors and officers in connection with these allegations.
If you own Krispy Kreme stock, you may have legal options. Visit https://www.classactionlawyers.com/krispykremereminder to learn more.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents consumers in class actions and shareholders in derivative actions against corporate officers and directors. The firm is based in San Francisco and, with the help of co-counsel, litigates cases nationwide.
Contact
Dustin L. Schubert
dschubert@sjk.law
Tel: 415-788-4220
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SOURCE Schubert Jonckheer & Kolbe LLP
