A spokesman confirmed that Red Lobster is not going out of business. Dec. 27, 2013— -- The Red Lobster restaurant chain today brushed aside reports that it will be closing its doors.

The old label was “false advertising, for sure,” Bacot said. “I’d be mad if I got home and I saw it wasn’t lobster.” ...

Red Lobster has managed to maneuver rival seafood chain Captain D's into an FTC review of its advertising for alleged misleading claims. This sort of thing can cost a company millions of dollars.

A California woman is suing Red Lobster for using deceptive advertising and falling short of its own standards, Fox Business Network reports. The suit alleges that the restaurant chain menus ...

The lawsuit, which has spent years in limbo, claims the California museum's sustainable seafood certification unfairly downgraded Maine's fishery over right whale protections. A federal judge on ...