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13 Aug 2022, 5:51 pm by assoulineberlowe
(“Starwood”)2 and Wyndham Hotels & Resorts (“Wyndham”) (collectively, the “Hotels”). [read post]
15 Jun 2021, 12:58 pm by Kevin LaCroix
The consolidated complaint names as defendants the company itself as well as nine corporate officers and directors. [read post]
3 May 2020, 12:08 pm by Kevin LaCroix
Among the most prominent examples of these cybersecurity-related derivative suits are the lawsuits filed in recent years against Target (here), Wyndham Worldwide (here), and Home Depot (here). [read post]
31 Jan 2019, 2:03 pm by Kevin LaCroix
In most cases of ransomware, the fact pattern is the same: Ransomware attackers break into a corporate system and encrypt, or lock-up, a corporate victim’s data. [read post]
7 Jan 2019, 2:35 pm by Kevin LaCroix
The world of directors’ and officers’ liability is always dynamic, but 2018 was a particularly eventful year in the D&O liability arena. [read post]
4 Sep 2018, 3:35 pm by Kevin LaCroix
Every year just after Labor Day, I take a step back and survey the most important current trends and developments in the world of Directors’ and Officers’ liability and D&O insurance. [read post]
9 May 2018, 3:58 pm by Kevin LaCroix
The other derivative suits, filed against Wyndham Worldwide, Target and Home Depot, were all dismissed, as noted respectively, here, here and here. [read post]
30 Apr 2018, 10:16 am by Goldstein Law Firm
Earlier this year, Red Lion Hotels Corporation agreed to buy the Knights Inn franchise system from Wyndham Worldwide for $27 million. [read post]
15 Dec 2017, 9:27 am by Michael S. Levine
Shareholder derivative suits have been unsuccessful, though that certainly has not stopped the plaintiffs’ bar from trying (see, for example, the suits against Home Depot, Target, Wyndham Worldwide, Wendy’s, and more). [read post]
23 Oct 2017, 4:22 pm by Kevin LaCroix
Thus, the court concluded that Wyndham’s board “had a firm grasp of Plaintiff’s demand when it determined that pursuing it was not in the corporation’s best interest. [read post]
23 Oct 2017, 4:22 pm by Kevin LaCroix
Thus, the court concluded that Wyndham’s board “had a firm grasp of Plaintiff’s demand when it determined that pursuing it was not in the corporation’s best interest. [read post]
20 Oct 2017, 4:30 am by Merritt Baer, Chinmayi Sharma
Wyndham Worldwide Corporation, the Third Circuit upheld the FTC’s authority to bring an enforcement action against the hotel company for failing to implement reasonable cybersecurity measures. [read post]
4 Sep 2017, 2:20 pm by Kevin LaCroix
 To the extent this defendant-friendly approach actually materializes, it could prove to provide a significant boost to corporate litigants and their D&O insurers. [read post]
17 May 2017, 6:41 am by Hunton & Williams LLP
” In various FTC enforcement actions (including those against Wyndham Worldwide Corporation and ASUSTeK Computer, Inc.), the FTC has demonstrated its willingness to bring Section 5 enforcement actions against companies who experience data security incidents resulting from malware exploitations of vulnerabilities. [read post]
17 May 2017, 6:41 am by Hunton & Williams LLP
” In various FTC enforcement actions (including those against Wyndham Worldwide Corporation and ASUSTeK Computer, Inc.), the FTC has demonstrated its willingness to bring Section 5 enforcement actions against companies who experience data security incidents resulting from malware exploitations of vulnerabilities. [read post]
16 May 2017, 11:58 am by Hunton & Williams LLP
” In various FTC enforcement actions (including those against Wyndham Worldwide Corporation and ASUSTeK Computer, Inc.), the FTC has demonstrated its willingness to bring Section 5 enforcement actions against companies who experience data security incidents resulting from malware exploitation of vulnerabilities. [read post]
1 May 2017, 4:15 pm by Kevin LaCroix
The dismissal of the Home Depot case followed shortly after dismissals in the data breach-related derivative lawsuits involving Wyndham Worldwide and Target. [read post]
3 Jan 2017, 4:28 pm by Kevin LaCroix
The seemingly inexhaustible stream of high-profile corporate scandals seems likely to provide ample motivation and incentive for these developments to advance. [read post]
19 Dec 2016, 4:27 am by Kevin LaCroix
Specifically, the prior lawsuits against Wyndham Worldwide (about which refer here), Target (here), and Home Depot (here) were all dismissed, failing to overcome the initial procedural and pleading hurdles. [read post]
1 Dec 2016, 5:22 pm by Kevin LaCroix
However, several of those cases – including, for example, the derivative lawsuits filed against Target (about which refer here) and Wyndham Worldwide (here) – have been dismissed. [read post]