$50 Million Settlement Proposed In Consolidated Yahoo Data Breach Suit

Mealey's (October 23, 2018, 3:06 PM EDT) -- SAN JOSE, Calif. — In an Oct. 22 motion in California federal court, the plaintiffs in the two-year-old consolidated class action over various data breach and data theft incidents experienced by Yahoo! Inc. seek preliminary approval of a settlement that would establish a $50 million nonreversionary fund (In re:  Yahoo! Inc. Customer Data Security Breach Litigation, No. 5:16-md-02752, N.D. Calif.)....