Red Lobster files for bankruptcy after missteps including all-you-can-eat shrimp

This Red Lobster in Maryland was among dozens of locations that closed abruptly ahead of the restaurant

The seafood chain is in hot water after a series of bad choices by a parade of executives. Almost 580 restaurants will stay open, after dozens closed abruptly last week.

(Image credit: Alina Selyukh)

The seafood chain is in hot water after a series of bad choices by a parade of executives. Almost 580 restaurants will stay open, after dozens closed abruptly last week.