Wendy's Shareholders Aim To Consolidate Data Breach Suits

Law360, New York (May 18, 2017, 5:10 PM EDT) -- 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.

Thomas Caracci moved to consolidate his shareholder derivative action against the board of directors and former executives, which he filed on April 17, with that of shareholder James Graham, who filed suit on Dec. 16 over similar allegations regarding...
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