9 unchanged sentences
In May 2023, the trial court requested additional briefing from the parties to determine whether the case should be maintained, dismissed, or the class de-certified.
−Removed: The trial court set a due date of August 7, 2023 for the briefs.
After submission of the briefs, the court requested that the parties submit stipulations for the court to rule upon.
−Removed: If this litigation goes to trial, we expect that the earliest which the trial would occur is the last quarter of 2023, based on various extensions to which the parties have agreed.
+Added: On February 13, 2024, the judge ordered the parties to submit additional briefing related to on-site breaks.
While we believe it is reasonably possible that we may incur a loss associated with this litigation, because there remains uncertainty under California law with respect to a significant legal issue, discovery relating to class members continues, and the trial judge retains discretion to award lower penalties than set forth in the applicable California employment laws, we do not believe that any potential loss to the Company is reasonably estimable at this time.
−Removed: As of September 30, 2023, no amounts have been accrued.
+Added: As of March 31, 2024, no amounts have been accrued.
+Added: On June 8, 2022 a lawsuit was filed against various Hilton entities on behalf of a class of all hourly employees at all Hilton-branded managed properties in California, including Hilton La Jolla Torrey Pines.
+Added: The complaint includes claims for unpaid wages, meal and rest break violations, and unreimbursed business expenses, along with various derivative claims including wage statement, final pay, and Private Attorneys General Act (“PAGA”) claims.
+Added: On November 30, 2023, Hilton mediated this litigation, but it did not result in a settlement.
+Added: At the end of the mediation, the mediator submitted a mediator’s proposal for approximately $3.5 million, which the parties are still considering.
+Added: The allocation to Hilton La Jolla Torrey Pines would be approximately $371,000, which has been accrued as of March 31, 2024.
We are also engaged in other legal proceedings that have arisen but have not been fully adjudicated.
To the extent the claims giving rise to these legal proceedings are not covered by insurance, they relate to the following general types of claims:
−Removed: employment matters, tax matters and matters relating to compliance with applicable law (for example, the Americans with Disability Act and similar state laws).
+Added: employment matters, tax matters and matters relating to compliance with applicable law (for example, the Americans with Disabilities Act and similar state laws).
The likelihood of loss from these legal proceedings is based on the definitions within contingency accounting literature.
2 unchanged sentences
During the quarter ended September 30, 2023, we had a cyber incident that resulted in the potential exposure of certain employee personal information.
−Removed: We have completed an investigation and have identified certain employee information may have been exposed, but we have not identified that any customer information was exposed.
−Removed: Systems have been substantially restored with minimal effect on certain hotel operations.
+Added: We have completed an investigation and have identified certain employee information that may have been exposed, but we have not identified that any customer information was exposed.
+Added: All systems have been restored.
We believe that we maintain a sufficient level of insurance coverage related to such events, and the related incremental costs incurred to date are immaterial.
+Added: In February of 2024, two class action lawsuits were filed, one in the U.S.
+Added: District Court for the Northern District of Texas and a second in the 68th District Court for Dallas County related to the cyber incident.
+Added: The lawsuit filed in the 68th District Court was subsequently dismissed and refiled in the U.S.
+Added: District Court for the Northern District of Texas.
+Added: On March 12, 2024, the court ordered the two cases be consolidated.
+Added: The consolidated case is currently pending in the U.S.
+Added: District Court for the Northern District of Texas.
+Added: We intend to vigorously defend this matter and do not believe that any potential loss is reasonably estimable at this time.
It is reasonably possible that the Company may incur additional costs related to the matter, but we are unable to predict with certainty the ultimate amount or range of potential loss.
−Removed: At this time, no litigation has been filed nor has any been threatened.
Our assessment may change depending upon the development of any current or future legal proceedings, and the final results of such legal proceedings cannot be predicted with certainty.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.