May 08, 2018
The Wendy's Co. and its directors have agreed to end a shareholder derivative suit alleging the company's top brass made poor security decisions ahead of a 2016 data breach, according to a proposal in Ohio federal court that lays out new policies and a $950,000 attorneys' fees deal.
April 02, 2018
Two proposed class actions from Wendy's shareholders accusing the fast-food chain's top executives and board of directors of making poor security decisions that led to a 2016 data breach were consolidated by an Ohio federal court judge on Friday.
May 18, 2017
A Wendy's Co. shareholder who filed a data breach suit on behalf of the company asked an Ohio federal court Wednesday to consolidate his suit with another one alleging Wendy's top executives and its board of directors made poor security decisions that led to the 2016 breach.
March 13, 2017
A Wendy's Co. shareholder attempting to lay blame for a 2016 data breach on the chain's top executives and board of directors failed to first demand an internal investigation, then failed to state any viable claim, thus the derivative suit must be dismissed, the board responded in Ohio court Friday.
December 16, 2016
A Wendy's Co. shareholder filed a lawsuit in Ohio federal court Friday accusing the fast-food chain's top executives and members of its board of directors of ignoring investors' interests by not doing enough to protect against the data breach disclosed in January that affected a thousand of its franchises.