MARRIOTT SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Marriott International, Inc. - MAR
NEW ORLEANS, Dec. 14, 2018 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until January 30, 2019 to file lead plaintiff applications in a securities class action lawsuit against Marriott International, Inc. (NasdaqGS: MAR), if they purchased the Company’s securities between November 9, 2016 and November 29, 2018, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of New York.
Marriott investors should visit us at https://www.claimsfiler.com/cases/view-marriott-international-inc-securities-litigation or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Marriott and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On November 30, 2018, the Company disclosed a massive security breach discovered in its guest reservation database potentially exposing the credit card, passport and other personal data of “up to approximately 500 million guests” over a four year period in what news reports are describing as one of the largest data breaches on record based on scope of time and volume of potential victims.
On this news, the price of Marriott’s shares plummeted.
The case is McGrath v. Marriott International, Inc. et al, 1:18-cv-06845.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
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