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<i>BREAKING NEWS</i><br>Yahoo General Counsel Ron Bell Resigns Amid Data Breach Controversy
Yahoo Inc. announced on March 1 that general counsel Ron Bell is leaving the tech giant after an investigation of the company revealed that its legal team failed to sufficiently inquire into a massive 2014 cybersecurity breach.
According to a March 1 filing with the U.S. Securities and Exchange Commission, Bell “resigned as the Company's General Counsel and Secretary and from all other positions with the Company” effective March 1. The filing said that “[n]o payments are being made to Mr. Bell in connection with his resignation.”
In addition to announcing Bell's departure, the filing revealed the results of an investigation by an independent committee of Yahoo's board of directors, with assistance from law firm Sidley Austin, into a 2014 hack of the company's networks that impacted at least 500 million customer email accounts.
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