Civil Litigation
Apr. 10, 2019
Yahoo proposes $117.5 million settlement in data breach suit
In response to a class action suit over one of the largest data breaches in history, Yahoo has agreed to pay $117.5 million to affected users.
U.S. District Judge Lucy H. Koh of San Jose
Yahoo has agreed to pay a $117.5 million settlement to users affected by a massive data breach, a deal that if approved would be the largest common fund created for a data breach case, according to court documents filed Tuesday.
"We believe that the settlement demonstrates our strong commitment to security," a spokesman for Verizon Communications Inc., which owns Yahoo, said in a statement Tuesday.
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