Yahoo has reached a $117.5 million class-action settlement after multiple data breaches that affected up to 3 billion Yahoo accounts. Those affected are offered up to $358 in payouts.
A settlement proposed in the California courts would mean a $117.5 million settlement fund would be paid out to customers affected by the breach who may have had their personal information — like names, email addresses, and passwords — stolen.
Yahoo users are eligible under the settlement if:
- You had a Yahoo account between Jan. 1, 2012 and Dec. 31, 2016.
- You were sent a notice concerning the data breaches announced in 2016 and/or 2017.
- You had Yahoo accounts that included traditional email accounts, as well as accounts on other sites that were owned or operated by Yahoo during this time period, including Yahoo Fantasy Sports, Yahoo Finance, Tumblr and Flickr.
- You are a resident of the United States or Israel
To determine eligibility you can go to the settlement website or call the settlement administrator toll free number at 1-844-702-2788.
Under the settlement, you may receive:
- If you already have a credit monitoring service you expect to keep for at least a year, you can submit a claim for a cash payment of $100.
- Cash payments can increase to as much as $358 per filer but could also be decreased depending on the number of claims.
- At least two years of free credit monitoring services.
- If you have documentation of out-of-pocket losses related to the breaches, you can make a claim for reimbursement of up to $25,000.
The final hearing on the settlement will be held on April 2020, and any payments will begin after the final hearing. The deadline for filing a claim is July 20, 2020. Eligible users can submit claims at Yahoodatabreachsettlement.com.