An investigation for investors in NYSE:HL shares over potential securities laws violations by Hilton Worldwide Holdings and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of Hilton Worldwide Holdings Inc (NYSE:HLT), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether the Company’s directors breached their fiduciary duties to Hilton Worldwide Holdings by failing to take adequate steps to prevent and/or detect two separate security breaches related to customer credit and debit card payments at its hotels.
On November 25, 2015 Hilton Worldwide Holdings stated that the breaches occurred over a seventeen-week period, from November 18-December 5, 2014 to April 21-July 27, 2015. Hilton Worldwide Holdings stated that malicious software, known as malware, infiltrated payment systems at hotel restaurants, gift shops and other hotel locations with registers. Hilton Worldwide Holdings further stated that it has determined that the malware may have collected customer names, credit card numbers, security codes and expiration dates.
Those who purchased shares of Hilton Worldwide Holdings Inc (NYSE:HLT) have certain options and should contact the Shareholders Foundation.
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