Investor Alert: Kaplan Fox Announces Investigation Of Marriott International, Inc.
NEW YORK, Nov. 30, 2018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating Marriott International, Inc. ("Marriott" or the "Company") (NASDAQ: MAR) concerning potential securities law violations. Investors who purchased Marriott securities may be affected.
On September 23, 2016, Marriott announced that it had completed the acquisition of Starwood Hotels & Resorts Worldwide, Inc. ("Starwood").
On November 30, 2018, before the market opened, Marriott issued a press release disclosing that hackers had compromised the personal information of up to 500 million people in the Starwood hotels guest database, including names, birth dates and passport numbers. Marriott says that on September 8, 2018 it was alerted by an internal security tool regarding an attempt to access the Starwood database. However, the Company also admits in its press release that there has been unauthorized access to the Starwood network since 2014.
On November 30, 2018, Marriott common stock dropped by over $8 per share, or nearly 7%, when the market opened.
If you are an investor in Marriott and would like to discuss our investigation, please contact us by emailing [email protected] or by calling 800-290-1952.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. If you have any questions about this press release, your rights, or your interests, please contact:
Frederic S. Fox
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: [email protected]
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California 94104
(415) 772-4700
Fax: (415) 772-4707
E-mail: [email protected]
SOURCE Kaplan Fox & Kilsheimer LLP
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