Yahoo Data Breach Settlement 2024: Class Action Payment Dates, Amount, Eligibility Check Now
If you’re a claimant in the Yahoo Data Breach Settlement 2024, find out about payment dates, amounts, and eligibility checks here. Get the details you need in this article.
Yahoo Data Breach Settlement 2024
For years, the company has faced multiple settlement cases linked to data breaches, spanning from 2012 to 2019. Malicious attacks exposed user data from 2016 to 2018, affecting millions. The recent case, filed in July 2020, involves Yahoo! Inc. and Aabaco Small Business, with 15 million citizens seeking settlement. Claimants, including individuals and businesses, lost personal and customer data. While the final verdict is pending, the court has mandated the company to pay penalties and settlement fees. Settlement class members are urged to submit claims for a two-year period.
Class Action Payment Dates 2024
The case, initiated in July 2020, has left many claimants curious about the payment amount. While the final verdict is pending, the court’s mid-December 2022 decision mandated the company to pay penalties for the user data breach. The firm has committed to releasing 60 million funds for claimants, with an additional instruction to pay a $2.5 million penalty annually until the case concludes.
For users impacted by the data breach, it’s crucial to apply for the lawsuit before the final deadline on March 31, 2024. The extended claim period for out-of-pocket amounts ended on January 22, 2024. As of December 2022, around 147 million people have filed lawsuits against the company. With the settlement now in effect, disbursement of amounts will align with the valid claims submitted by users, each category having specific filing deadlines.
Yahoo Data Breach Settlement Amount 2024