Although Yahoo separately settled claims brought against it by the SEC for $35 million and settled a securities class action for $80 million, these amounts concerned separate securities fraud allegations and did not provide Case 5:16-md-02752-LHK Document 497 Filed 07/22/20 Page 62 of 88
Corporate conductConfirmed
Yahoo responsible for blocking Nazi auctions in France
Yahoo is held responsible for preventing French citizens from accessing Nazi-related auction items via a French court decision, challenged by Judge Fogel in California.
France case, where the decision of a French court means that Yahoo is responsible for making it impossible for French citizens to access auctions featuring Nazi-related items – a decision which has just been challenged by Judge Fogel in the US district court in California.
Corporate conductAllegation
Yahoo Inc. is accused of misdirecting aid funds
Yahoo Inc. is accused of misdirecting millions of dollars from a humanitarian aid fund set up for Chinese dissidents.
A group of Chinese dissidents filed a lawsuit in federal court Tuesday accusing Yahoo Inc. and two former general counsels of misdirecting millions of dollars from a fund set up to provide humanitarian aid.
Privacy & surveillanceConfirmed
Yahoo! Inc. suffers criminal cyberattacks
Yahoo! Inc. was targeted by criminal cyberattacks in 2016 and 2017, exposing personal information of user members.
WHEREAS, on September 22, 2016 , the first action regarding the Data Breaches was filed in California state court ( Dela Cruz v. Yahoo!, Inc. , Orange County Superior Court, Case No. 30-2016-00877210).
RECITALS WHEREAS, in September 2016, November 2016, December 2016, and October 2017, it was announced that Yahoo! Inc. had been the target of criminal cyberattacks on its c omputer systems in which the attackers gained unauthorized access to the personal information of Yahoo Member users and various other individuals (the “Data Breaches”).
1.36 “Personal Information” means names, email addresses, telephone numbers, birth dates, passwords, security questions, that were stored on Yahoo’s systems and accessed without authorization as a result of the Data Breaches, including private information contained within users’ emails, calendars, and contacts, including but not limited to financial communications and records containing credit cards, retail accounts, banking, account passwords, IR S documents, and social security numbers from transactions conducted by email.
Corporate conductAllegation
Yahoo! Inc. is accused of abandoning proposed advertising agreement
Yahoo! Inc. is accused of abandoning its proposed advertising agreement with Google Inc. after the DOJ and several states announced antitrust litigation.
OLYMPIA—Attorney General Rob McKenna today announced that Yahoo! Inc. and Google Inc. have abandoned their proposed advertising agreement after being informed that the United States Department of Justice (DOJ), joined by several states, would bring an antitrust lawsuit to block the deal.