Civil Litigation,
Judges and Judiciary
Jul. 24, 2019
Judge grants preliminary approval of massive Yahoo settlement
On Yahoo’s third attempt to settle, a federal judge has granted preliminary approval to a $117 million settlement, the largest common fund ever for data breaches.
A federal judge has given preliminary approval to a $117 million Yahoo settlement for data breaches.
In addition to the fund for potential data breaches, the settlement also sets aside funds for credit monitoring for the victims. Verizon Inc., which owns Yahoo, also agreed to spend $306 million on increased information security monitoring over the next three years, according to the settlement, which was given preliminary approval ...
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