We previously reported that Wendy’s was hit with a putative class action shareholders’ derivative suit in December following its data breach in 2016. [view related post]. Late last week, the executives and Board of Wendy’s filed a Motion to Dismiss the case saying that the allegations in the Complaint were pure speculation, and that
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Shareholders Derivative Suit Filed against Wendy’s for Data Breach
By Linn Foster Freedman on
Posted in Enforcement + Litigation
Continuing the trend of filing a shareholders derivative suit following a data breach, a Wendy’s shareholder recently filed a derivative suit against Wendy’s executives and board members alleging they did not adequately protect data from a breach.
According to the suit, the executives and board members breached their fiduciary obligations to the shareholders by making…
Wendy’s reports over 1,000 restaurants affected by breach announced earlier this year
By Kathryn Rattigan & Guest Contributor on
Posted in Data Breach
This article co-authored with guest blogger Leonel Gonzalez, a R+C summer associate and student at Roger Williams University School of Law
Back in May of this year, Wendy’s reported “fewer than 300” locations had been hacked by malicious malware that targeted customer credit card information. Last week, Wendy’s released a list of 1,025 restaurant locations…
Wendy’s confirms data breach of point of sale system
By Linn Foster Freedman on
Posted in Data Breach
Wendy’s confirmed yesterday in its first quarter financial statement that its investigation into a credit card breach did uncover malicious software on its point of sale systems on fewer than 300 of its stores nationwide [view related posts here and here]. It further confirmed that the malware has been removed from the affected locations.…
Wendy’s faces class action over data breach
By Kathryn Rattigan on
Posted in Enforcement + Litigation
We wrote about Wendy’s investigation into a data breach at its chain restaurants at the beginning of January, and now Wendy’s faces a class action over that same breach. The suit claims that Wendy’s negligently exposed customers’ credit card information and lead plaintiff, Jonathan Torres, claims that hackers used his stolen credit card information, to…