We previously wrote about the Yahoo data breaches, subsequent class action pending in California, and the company’s estimate of potential settlement costs. Based on the Plaintiffs’ recent Motion for Preliminary Approval of Class Action Settlement, filed on October 22, 2018, the parties have tentatively agreed to settle the case for $50,000,000 in settlement funds, $35,000,000 in attorneys’ fees, and $2,500,000 in expenses. Additionally, class members will be able to avail themselves of various credit monitoring services, and the class representatives who filed the action will be entitled to between $7,500 and $2,500 each, exclusive of the settlement funds, depending on the nature of their involvement. The settlement would apply to both the pending federal class action—before District Judge Lucy H. Koh—and similar state court litigation.
Continue Reading Parties Seek to Settle Yahoo Data Breach Class Action for $50M
settlement
Years-Long Exposure of Sensitive Client Information Results in $200,000 Settlement with New York Attorney General
In late August, the Attorney General of the State of New York announced a $200,000 settlement with a New York-based non-profit organization that provides services to developmentally disabled individuals and their families after concluding that the organization exposed sensitive personal information of its clients on the Internet for almost three years.
The settlement is the…
Dumpster Diving Leads to $100,000 Fine for Defunct Business Associate Due to Improper Disposal of Medical Records
On February 13, 2018, the HHS Office for Civil Rights (OCR) announced a $100,000 settlement with a court-appointed receiver representing Filefax, Inc. (Filefax) arising from the 2015 discovery of medical records that contained protected health information (PHI) of over two thousand individuals in a dumpster. Filefax, a now-defunct medical records moving and storage company located…
Federal Trade Commission Approves Settlement with Lenovo Over Ad Software
The Federal Trade Commission (FTC) has approved its proposed settlement with Lenovo, Inc. over the installation of pre-installed advertising software called VisualDiscovery onto Lenovo laptops. According to the FTC, the pre-installed software “interfered with how a user’s browser interacted with websites and created serious security vulnerabilities.”
The settlement requires Lenovo to not misrepresent the features…
Home Depot agrees to settle data breach class action suit for at least $19.5 million and up to $28 million including attorneys’ fees
Home Depot announced on March 7, 2016, that it is agreeing to settle claims against it for the massive data breach that occurred in 2014, affecting up to 56 million debit and credit card holders for at least $19.5 million, and up to $28 million, including attorneys’ fees and costs.
The settlement includes the…
Target and Visa reach $67M settlement
Visa, Inc. announced on August 18th that it has reached a settlement with Target for $67 million to reimburse Visa for costs associated with the Target data breach in late 2013, including issuing millions of new cards to affected consumers.
Target was unable to reach a similar proposed settlement with MasterCard (view related posts Proposed…