Final Approval Granted To $117.5 Million Yahoo Data Breach Class Settlement

Mealey's (July 22, 2020, 5:33 PM EDT) -- SAN JOSE, Calif. — One year after a California federal judge preliminarily approved a $117.5 million settlement of class claims over a series of data breaches experienced by Yahoo! Inc., the same judge on July 21 granted the plaintiffs' motion for final approval of the agreement, which includes provisions for compensation for damages to class members and data security business practice changes by Yahoo (In re:  Yahoo! Inc. Customer Data Security Breach Litigation, No. 5:16-md-02752, N.D. Calif., 2020 U.S. Dist. LEXIS 128727)....