Class Actions
Judge Approves $80M Settlement in Yahoo Data Breach
Suit
" U.S. District Judge Lucy Koh
awarded plaintiffs $80 million in a
consolidated class action brought against Yahoo by shareholders
resulting from data breaches Yahoo experienced in 2014 and
2016.
" According to the suit,
Yahoo's stock was trading at an artificially high price because
of the company's failure to disclose the breaches in a timely
fashion.
" This is not the end of
litigation related to these breaches, as Yahoo continues to face
claims from users.
Adidas Seeking to Remove Putative Class Action to Federal
Court
- Adidas is seeking to remove to federal court a July lawsuit against
the sports apparel manufacturer relating to a June data security
incident that the plaintiffs allege allowed hackers to obtain
personal information of millions of Adidas customers.
