Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Marriott International, Inc. Investors (MAR)
BENSALEM, Pa.--(BUSINESS WIRE)--Dec 3, 2018--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that purchased Marriott International, Inc. (“Marriott” or the “Company”) (NASDAQ: MAR ) securities between November 9, 2016 and November 29, 2018, inclusive (the “Class Period”). Marriott investors have until January 30, 2019 to file a lead plaintiff motion.
Investors suffering losses on their Marriott investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to email@example.com.
On November 30, 2018, Marriott announced that its guest reservation system had been hacked, potentially exposing the personal information of approximately 500 million guests. On this news, shares of Marriott fell $6.81 or nearly 6%, to close at $115.03 on November 30, 2018, thereby injuring investors.
The complaint filed in this class action alleges that, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Marriott’s and Starwood’s systems storing their customers’ personal data were not secure; (2) there had been unauthorized access on Starwood’s network since 2014; (3) consequently, the personal data of approximately 500 million Starwood guests and sensitive personal information of approximately 327 million of those guests may have been exposed to unauthorized parties; and (4) as a result, Marriott’s public statements were materially false and/or misleading at all relevant times.
If you purchased shares of Marriott, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2018.
PUB: 12/03/2018 04:30 PM/DISC: 12/03/2018 04:30 PM