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In Re Yahoo! Inc. Securities Litigation
Case Number:
5:17-cv-00373
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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September 07, 2018
Yahoo Investors Get $14M Attys' Fees In $80M Breach Deal
A California federal judge approved $14.4 million to cover lead counsel attorneys' fees as part of an $80 million settlement finalized Friday in a consolidated shareholder action accusing Yahoo of trading stock at artificially high prices while the company covered up large data hacks in 2014 and 2016.
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August 03, 2018
Yahoo Investors' Counsel Seek $14M Of $80M Breach Deal
Shareholders pushed for $14.4 million, or 18 percent, of an $80 million deal to be set aside for attorneys' fees in litigation over massive data breaches at Yahoo Inc., saying in California federal court Thursday that it's reasonable under Ninth Circuit precedent and appropriate.
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May 10, 2018
Yahoo Gets Green Light On $80M Investor Data Breach Deal
A California federal judge signed off Wednesday on Yahoo Inc.'s $80 million shareholder settlement over massive data breaches, partially tweaking how class members will be notified of the deal but finding it now adequately addressed the concerns she raised last week.
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May 03, 2018
Yahoo's $80M Securities Suit Deal Over Data Breach Stalls
A California federal judge held off Thursday on approving Yahoo's $80 million shareholder settlement to end claims it made misleading financial statements about massive data breaches, asking for details on a trigger that would kill the deal if too many investors opt out.
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March 05, 2018
Yahoo To Pay $80M To End Securities Suit Over Data Breach
Yahoo said Friday it will pay $80 million to settle a class action brought by investors who alleged that the company intentionally misled them about its cybersecurity practices in the wake of massive hacks that compromised 1.5 billion users' personal information, despite one of the lead plaintiffs apparently sitting out the deal.
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September 05, 2017
Investors Say Yahoo Can't Escape Data Breach Suit
Investors urged a California federal court Friday to deny Yahoo Inc.'s bid to dismiss their proposed class action alleging the company issued misleading financial statements about data breaches resulting in hackers stealing information from 1.5 billion users, arguing that the company committed securities fraud by concealing knowledge of the incident.
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July 31, 2017
Yahoo Looks For Quick Win In Data Breach Securities Suits
Yahoo urged a California federal court Friday to toss investors' class action alleging the company issued misleading financial statements about a massive data breach that saw at least 1 billion user accounts hacked, saying investors failed to show the company knew the statements were false.