The Fourth Circuit dismissed an investor’s lawsuit against a hotel chain that had been subject to a data breach, ruling that the company had not made false or misleading public statements about its protection of customer...more
5/19/2022
/ Appeals ,
Class Action ,
Corporate Counsel ,
Cybersecurity ,
Data Breach ,
Data Security ,
False Statements ,
Institutional Investors ,
Internal Controls ,
Marriott ,
Misleading Statements ,
Popular ,
Rule 10(b) ,
Securities Exchange Act ,
Securities Fraud ,
Shareholder Litigation
Punitive damages are an extraordinary remedy under Title VII, and in order to obtain them, the plaintiff must satisfy a higher standard. Nonetheless, the threat of substantial punitive damages under Title VII should put...more