U.S. District Judge Lucy Koh has denied Yahoo’s planned settlement in connection with the Yahoo emails data breach from 2013 to 2016. Yahoo is attempting to offer its affected customers a $50 million pay-out with credit monitoring service for the next two years for their the United States and Israel customers (around 1 billion accounts) Judge Koh is not convinced that Yahoo is giving fair compensation to their affected customers. She also disputed the proposed maximum fees for lawyers’ fees, which Yahoo pegged at $35 million, which she branded as not particularly novel and unreasonably high”]
Source: https://hackercombat.com/u-s-court-denies-yahoos-attempted-settlement-agreement/