Yahoo has faced several lawsuits due to privacy issues, particularly related to data breaches that occurred between 2013 and 2016. One notable case is the class action lawsuit “In re: Yahoo! Inc. Customer Data Security Breach Litigation,” which resulted in a proposed settlement of $117.5 million. This settlement aimed to compensate users affected by the data breaches and improve Yahoo’s security practices.
Another lawsuit was filed by the Securities and Exchange Commission (SEC) against Yahoo (now known as Altaba) for failing to disclose the massive cybersecurity breaches. Yahoo agreed to pay a $35 million penalty to settle these charges.
In Canada, Charney Lawyers PC commenced a national class proceeding lawsuit on behalf of Canadians whose Yahoo account information was stolen in the data breaches. The court approved the settlement in Saskatchewan on May 25, 2022.
These lawsuits highlight the privacy concerns and security risks associated with Yahoo’s handling of user data and the consequences of failing to adequately protect and disclose information about data breaches.
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