Shake Shack is a publicly traded company where Danny Meyer's founding role has narrowed to board chairman while an outside CEO runs day-to-day operations for institutional shareholders led by BlackRock. Massachusetts regulators have found the company noncompliant with child labor law twice in five years, and New York City workers have twice used labor law to force a response — a $6 million class settlement and a separate city agency finding. The company answers to public markets and state labor regulators, not to the founder whose name still hangs above the counter.