Krispy Kreme Proposes Settlement In Class Action Suit

Law360, New York (May 15, 2006, 12:00 AM EDT) -- Krispy Kreme Doughnuts Co. said on Monday that it had reached a proposed settlement of the class action suit recently filed over the management of its retirement savings and profit-sharing stock ownership plans.

The suit was filed in March 2005 in the U.S. District court for the Middle District of North Carolina by a class comprised of parties that invested in Krispy Kreme Retirement Savings Plan and/or the Krispy Kreme Profit Sharing Stock Ownership Plan from 2003 to the present.

Krispy Kreme said that the settlement...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.