Insider Files Whistleblower Report Against Domino’s Pizza. Exposing Misconduct.

Insider Files Whistleblower Report Against Domino’s Pizza

February 15, 2019

A corporate insider has filed a well-documented whistleblower report with the U.S. Securities and Exchange Commission (SEC) against Domino’s Pizza, its top-level officers, and various staff members. The complaint states serious allegations against the franchisor related to the circumstances surrounding the company’s misconduct. It lists, “Fraudulent investment scheme; general trading practices; manipulation of security; insider trading; material misstatement or omission in company’s public filings or financial statements; and bribery.”

The crux of the whistleblower report details how Domino’s allegedly forced and orchestrated an unapproved advertising and promotion increase to franchisees in order to pay a $1.85 billion Securitization Transaction (March 25, 2007) with a new partially funded $1.67 billion Securitization (March 15, 2012) debt owed to Securitization entities (pg. 505). The report alleges that in return, Domino’s Pizza’s CEO, board members, officers, and employees  could enjoy higher stock prices and dividends through share repurchases and dividend payouts.”

Read more here.
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