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Litigation

Apr. 17, 2017

Discovery granted in shareholder suit against Yahoo, Verizon

Santa Clara County judge on Friday granted expedited discovery in shareholder lawsuits against Yahoo Inc.'s board of directors and Verizon Communications Inc. because of Yahoo's belated revelation it suffered massive data breaches from hackers.

By James Getz
Daily Journal Staff Writer

SAN JOSE — A Santa Clara County judge on Friday granted expedited discovery in shareholder lawsuits against Yahoo Inc.'s board of directors and Verizon Communications Inc. because of Yahoo's belated revelation that it suffered massive data breaches from hackers.

The suits allege that CEO Marissa Mayer and other Yahoo executives knew about a 2014 breach that compromised 500 million users' pe...

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