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Wolf Haldenstein Adler Freeman & Herz LLP Files Class Action Against Starwood Hotels & Resorts Worldwide, Inc., Alleging Violations of the Federal Securities Laws, and Breach Of Fiduciary and Contractual Duties

Press Release: Wolf Haldenstein Adler Freeman & Herz LLP
November 21, 2003
NEW YORK, NY -- Wolf Haldenstein Adler Freeman & Herz LLP announces that it filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of the Limited Partners of Westin Hotels Limited Partnership (the "Partnership") as of November 4, 2003, who are subject to a pending tending offer and proxy solicitation by Starwood and one of its subsidiaries for the sale of the Partnership to that subsidiary (the "Transaction"). Another subsidiary of Starwood, also named as a defendant, is the general partner of the Partnership.

The complaint charges Starwood and certain of its subsidiaries and officers with violations of sections 14(a), 14(e) and 20(a) of the Securities Exchange Act of 1934 and state common and statutory law. The complaint alleges that defendants made false and misleading statements in connection with the tender offer and solicitation of proxies for the Transaction. The defendants are also charge with violating their fiduciary and contractual obligations to the Limited Partners.

Plaintiffs seek to recover damages on behalf of the class members and are represented by the law firm of Wolf Haldenstein Adler Freeman & Herz LLP ( www.whafh.com ). The Wolf Haldenstein firm has a full service commercial practice consisting of more than 55 attorneys based in New York City, San Diego and Chicago. The firm's litigation department has been recognized by courts throughout the country as highly experienced and skilled in complex litigation, particularly with respect to federal securities laws, class action and shareholder litigation. Wolf Haldenstein has achieved recoveries of over one billion dollars for defrauded investors and shareholders.

If you are a member of the class described above, you may, not later than sixty days from November 18, 2003, move the court to serve as lead plaintiff of the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish to discuss this action or have any questions concerning this notice or your rights, please contact Wolf Haldenstein Adler Freeman & Herz LLP at 270 Madison Avenue, New York, New York 10016, by telephone at (800) 575-0735 (Lawrence P. Kolker, Esq.), via e-mail at classmember@whafh.com, Kolker@whafh.com, or visit our website at www.whafh.com .

All e-mail correspondence should make reference to Westin Hotel Limited Partnership.


Source: Wolf Haldenstein Adler Freeman & Herz LLP