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PALKON v. HOLMES et al
Case Number:
2:14-cv-01234
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
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October 20, 2014
Wyndham Execs Escape Derivative Suit Over Cyberattacks
A New Jersey federal judge on Monday threw out a Wyndham Worldwide Corp. shareholder's derivative action over a series of security breaches, finding no evidence that Wyndham's Kirkland & Ellis LLP attorneys had a conflict of interest when they advised it to reject shareholder demands.
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May 06, 2014
Wyndham Execs Slapped With Investor Suit Over Data Breach
A Wyndham Worldwide Corp. shareholder has filed a derivative action on behalf of the company in New Jersey federal court, accusing the hotel chain's top brass of causing financial harm by instituting lax data security controls that led to three breaches in less than two years, according to a redacted complaint made public on Friday.