Marriott International, Inc. Securities Litigation

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Lawsuit Overview

Defendant:Marriott International
Date Filed:December 1st, 2018
Sector:Consumer Services
Industry:Hotels/Resorts

According to the Complaint, Marriott International, Inc. ("Marriott" or the Company) operates, franchises, and licenses hotel, residential, and timeshare properties worldwide.

The Complaint alleges that during the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Marriott's and Starwood's systems storing their customers' personal data were not secure; (2) there had been unauthorized access on Starwood's network since 2014; (3) consequently, the personal data of approximately 500 million Starwood guests and sensitive personal information of approximately 327 million of those guests may have been exposed to unauthorized parties; and (4) as a result, Marriott's public statements were materially false and/or misleading at all relevant times.

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First Identified Complaint

Dennis McGrath, et al. v. Marriott International, Inc., et al.

Date Filed:December 1st, 2018
Class Period Start:November 9th, 2016
Class Period End:November 29th, 2018
First Identified Complaint Filings
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