Marriott and its executives “gave the misleading impression” that customer data was secure, according to a Dec. 1 complaint filed in the U.S. District Court for the Eastern District of New York. The chain announced Nov. 30 a hack affecting around 500 million guests at its Starwood line.
The company’s 2016 and 2017 form 10-Ks with the Securities and Exchange Commission described the importance of and risks surrounding safeguarding guest data, which made investors think Marriott had secure ...