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<b><i>Online Extra:</b></i> Yahoo Security Breach Sparks Class Actions
At least six class actions have been filed against Yahoo! Inc. in the wake of last month's announcement of a security breach that compromised an estimated 500 million account holders.
Yahoo said on Sept. 22 that the accounts had been stolen in 2014 by what it called a 'state-sponsored actor,' compromising customer names, email addresses, telephone numbers, birth dates and passwords.
The suits are all consumer class actions filed in federal and state courts in California and Illinois ' many by lawyers who've brought successful data-breach cases before. As with most data-breach cases, plaintiffs lawyers could face an uphill battle in arguing that most customers were actually injured by the hack. To that end, they have asserted in the lawsuits that financial information like bank and credit and debit card information might have been compromised, despite Yahoo's assurances to the contrary.
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