A $117 million settlement will resolve a Yahoo class action lawsuit over multiple data breaches affecting billions of users.
Those in the United States and Israel who had an email account through Yahoo or other websites, such as Yahoo Sports, Finance, Tumblr, and Flickr between Jan. 1, 2012 and Dec. 31, 2016 can file a claim at YahooDataBreachSettlement.com to benefit from this settlement.
The Yahoo data breach class action lawsuit alleged that the company negligently disclosed billions of users’ personal information, including email addresses, phone numbers, dates of birth, other account information, as well as security passwords. According to the complaint, Yahoo users were subject to numerous disclosures of personal information, despite assurances from the company of privacy protection.
The plaintiffs in the Yahoo data breach class action lawsuit alleged that the company released a spate of news releases disclosing that user accounts had been compromised in 2014, 2015, and 2016. The complaints alleged that personal, employment, financial, and even legal information were disclosed in the breach.
The complaint claimed that the massive breaches were due to Yahoo’s disregard of users’ privacy interests and threats. The Yahoo data breach class action lawsuit contended that the plaintiffs and Yahoo users would not have signed up for the service had they known their private information would be compromised.
After a federal judge rejected an initial $50 million settlement agreement, Yahoo and the plaintiffs inked a $117 million deal.
Under the terms of the Yahoo DataBreachSettlement.com, Yahoo will improve security measures when it comes to user data.
Class Members will receive identity theft and fraud protection for two years through a credit monitoring service called All Clear. Alternatively, Class Members who do not need the credit monitoring service can opt for a payment estimated to be between $100 and $358.
American Class Members will need to provide documentation proving they already have credit monitoring services; however, those in Israel will not need to provide proof.
Those who suffered fraud or identity theft can claim reimbursement under the YahooDataBreachSettlement.com for up to $25,000 for out-of-pocket expenses.
Class Members who paid for certain Yahoo services, including premium email or ad free service, may be able to claim reimbursement for up to 25 percent of what they paid for the service between Jan. 1, 2012 and Dec. 31, 2016.
In addition, those who used Yahoo’s small business services can claim up to $500 per year of service during the Class Period.