Securities,
Civil Rights
Mar. 21, 2018
Settlement a first for data breach-related securities class action
Yahoo! Inc. recently stipulated to an $80 million settlement related to its massive 2013 and 2014 data breaches. But not one dime of that settlement will go to the Yahoo users.
Anita Taff-Rice
Founder
iCommLaw
Technology and telecommunications
1547 Palos Verdes Mall # 298
Walnut Creek , CA 94597-2228
Phone: (415) 699-7885
Email: anita@icommlaw.com
iCommLaw(r) is a Bay Area firm specializing in technology, telecommunications and cybersecurity matters.
CYBERSLEUTH
Yahoo! Inc. recently stipulated to an $80 million settlement related to its massive 2013 and 2014 data breaches in which, collectively, the personal data of 3.5 billion customers was stolen. But not one dime of that settlement will go to the Yahoo users whose data was stolen -- not because of attorney fees or other costs depleted the fund. The settlement, which Yahoo agreed to March 2, was related to two securities class actions fi...
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