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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 March 31, 2024, no amounts have been accrued.
+Added: As of June 30, 2024, no amounts have been accrued.
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.
1 unchanged sentence
On November 30, 2023, Hilton mediated this litigation, but it did not result in a settlement.
−Removed: At the end of the mediation, the mediator submitted a mediator’s proposal for approximately $3.5 million, which the parties are still considering.
−Removed: The allocation to Hilton La Jolla Torrey Pines would be approximately $371,000, which has been accrued as of March 31, 2024.
+Added: At the end of the mediation, the mediator submitted a mediator’s proposal for approximately $3.5 million, which the parties have since agreed to.
+Added: The allocation to Hilton La Jolla Torrey Pines is approximately $371,000, which has been accrued as of June 30, 2024.
We are also engaged in other legal proceedings that have arisen but have not been fully adjudicated.
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District Court for the Northern District of Texas.
+Added: On May 17, 2024, we filed a Motion to Dismiss the Consolidated Class Action Complaint, which is currently pending before the Court.
We intend to vigorously defend this matter and do not believe that any potential loss is reasonably estimable at this time.
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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.