October 20, 2014
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.
May 06, 2014
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.