SEC probes Krispy Kreme accounting - Jul. 29, 2004: "Krispy Kreme Doughnuts Inc. announced Thursday that the Securities and Exchange Commission was conducting an informal, non-public probe into the company's accounting."
The stock, which is down over 67% since last August, fell about 15% on the news.
This just continues a very bad year for the firm. In May the company's executives were sued
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