The complaint refers to statements in the company's SEC filings during the class period about the importance of information technology security. The complaint also refers to the company's November 30, 2018 press release. The complaint alleges that this the statements in the company's SEC filings were false and misleading because: "(1) Marriott's and Starwood's systems storing their customers' personal data were not secure; (2) there had been unauthorized access on Starwood's network since 2014; (3) consequently the personal data of approximately 500 million Starwood guests and sensitive personal information of approximately 327 million of those guests may have been exposed to unauthorized parties; and (4) as a result Marriott's public statements were materially false and/or misleading at all relevant times." The complaint alleges that on the news of the breach of the guest information systems, the company's share price declined 5.5%."