Wyndham Execs Escape Derivative Suit Over Cyberattacks
Beth Winegarner reports that a shareholder’s lawsuit filed against Wyndham over its data breaches has been dismissed:
A New Jersey federal judge on Monday threw out a Wyndham Worldwide Corp. shareholder’s derivative action over a series of security breaches, finding no evidence that Wyndham’s Kirkland & Ellis LLP attorneys had a conflict of interest when they advised it to reject shareholder demands.
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