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Yahoo’s Proposed Data Breach Lawsuit Settlement: Rejected

A judge rejected Yahoo’s proposed settlement for a data breach class action lawsuit filed against it must return to the drawing board. Disproportionate attorneys’ fees and an improper release of claims for 2012-era data intrusions are on her list. The parties are more likely to come back with a revised proposed settlement that addresses the issues raised by the judge. The case may still go to trial, if the parties opt for a revised settlement, an expert says. The settlement would have seen Yahoo put $50 million into a fund for victims.”]

Source: https://www.cuinfosecurity.com/yahoos-proposed-data-breach-lawsuit-settlement-rejected-a-11981

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