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The Federal High Court sitting in Lagos State has convicted a medical doctor, Anu Adepoju, over a failed plastic surgery that resulted in the d£ath of one Nneka Onwuzuligbo in 2020.

Anu, who’s the founder of MedContour Services LTD, was convicted on Friday, May 17, on a five-count charge bordering on a refusal to honour an invitation for an investigation into post-body surgery complications and failure to produce investigation documents.

Recall that shortly after the news of Onwuzuligbo demise went viral, Anu was arrested and later charged to court alongside her company by the Federal Competition and Consumers Protection Commission (FCCPC) in 2020.

The prosecuting counsel for the FCCPC, Babatunde Irukera, announced the conviction on X.

Irukere had earlier disclosed that the offence carries either a prison term, a fine, or both.

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Shares of Cracker Barrel Old Country Store (CBRL) plunged over 12% in intraday trading Friday after the restaurant and novelty store chain slashed its dividend as it embarked on what it called a “strategic transformation plan,” and lowered its guidance.

The company announced it would be reducing its quarterly dividend to 25 cents from $1.30 as part of its efforts to modify its capital allocation “to support increased investment in the business to drive organic growth.”

Cracker Barrel said that its “strategic transformation plan" is aimed at "driving relevancy, delivering food and an experience guests love, and growing profitability." It said the strategy would include “optimizing the menu, evolving the store and guest experience, winning in digital and off-premise, and elevating the employee experience.”

Cracker Barrel warned that because of weaker-than-expected traffic, it anticipates its current and fourth-quarter results could be lower than previously thought. The company noted a review of its store portfolio in the third quarter led to some closures, along with related expenses and non-cash impairment charges. In addition, it expects fiscal 2025 to be “an investment year,” with earnings before interest, taxes, depreciation, and amortization (EBITDA) in line or slightly below that of 2024.

Cracker Barrel Old Country Store shares were 12.6% lower at $50.02 as of 11:45 a.m. ET Friday. They’ve lost over one-third of their value since the start of the year. 

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