[Deadline coming] Yahoo Class Settlement for Users During 2012 through 2016 (Payout up to $100 – $358)

Update 7/16/20: Reminder that the deadline for filing a claim is July 20, 2020.

Update 2/5/20: Deadline is July 20, 2020.

Update 10/15/19: Some readers were concerned that this website was a scam due to mainstream media not covering this settlement/settlement website. Other outlets are now covering this story with the same URL: Fox Business | CNN | CNET

Yahoo Class Settlement

Direct Link | File A Claim |Press Release

A Class Action Settlement has been proposed in litigation against Yahoo! and Aabaco Small Business relating to data breaches (malicious actors got into system and personal data was taken) occurring in 2013 through 2016, as well as to data security intrusions (malicious actors got into system but no data appears to have been taken) occurring in early 2012.

Plaintiffs claim that Defendants failed to adequately protect their Personal Information and that they were injured as a result. Defendants deny any wrongdoing, and no court has made any ruling in these matters.

Yahoo has agreed to make changes to improve security of its customers’ Personal Information stored on its databases.  Defendants will also pay for a Settlement Fund of $117,500,000.

Who Is Eligible?

If you received a Notice from Yahoo about the Data Breaches, or if you had a Yahoo account at any time between January 1, 2012 and December 31, 2016, and are a resident of the United States or Israel, you are a “Settlement Class Member.”

How Much Do We Get?

Settlement Class Members are encouraged to submit a claim to receive a minimum of two years of future Credit Monitoring Services. If you already have Credit Monitoring Services, you may still sign up for this additional protection. Alternatively, if you verify that you already have a credit monitoring service that you will keep for at least one year, you may submit a claim for a cash payment of $100.00 instead of receiving Credit Monitoring Services through the Settlement. Payment for such a claim may be less than $100.00 or more (up to $358.80) depending on how many Settlement Class Members participate in the Settlement.

You may additionally provide documentation or proof to receive reimbursement of up to $25,000.00 in out-of-pocket losses, including lost time, that you believe you suffered or are suffering because of the Data Breaches. As to documented lost time, you can receive payment for up to fifteen hours of time at an hourly rate of $25.00 per hour or unpaid time off work at your actual hourly rate, whichever is greater. If your lost time is not documented, you can receive payment for up to five hours at that same rate.

Important Dates

  • January 1, 2012 until December 31, 2016 – dates when your Yahoo account was potentially compromised
  • March 6, 2020 – final date to exclude yourself from settlement
  • April 2, 2020 – court hearing is scheduled for this date
  • July 20, 2020 – must file a claim before this date

Final Thoughts

I suppose that if you already have credit monitoring from some other data breach (e.g. Equifax), that should stand as proof that you “already have a credit monitoring service that you will keep for at least one year,” making you eligible for the potential payout of up to $100 – $358. On the other hand, if you are simply a member of Credit Karma or similar, it’s not clear that that would suffice as verification that you have a monitoring service for the coming year.

Just getting some more credit monitoring doesn’t seem too useful give the plethora of data breaches offering that. If you can get a cash payment from the breach, that seems more worthwhile.

Hat tip to reader y.

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DD
DD

I still have not received my Settlement. Wonder if they have changed anything besides being acquired by Verizon?

Jacob
Jacob

Same here… Has anyone received their settlement payout yet?

Yana
Yana

I never heard from that Equifax class settlement ever since.

AA
AA

The Equifax Breach Settlement website currently says, “The Court gave final approval to the Settlement and overruled all objections on January 13, 2020. However, some of those that objected to the Settlement have now appealed the Court’s decision to approve the Settlement. By order of the Court, the Settlement cannot become final until all appeals are resolved and there is currently no timeline for the resolution of these appeals.”

SK
SK

having a Yahoo account means having xxxx@yahoo.com only? What about having xxxx@yahoo.com.jp or xxxx@yahoo.com.hk, etc. is eligible?

someones1
someones1

Or when I had AT&T DSL almost a decade ago, I had xxxx@att.com or something, but Yahoo was the actual provider. Can’t find if any of these count.

Tommy
Tommy

Not sure about HK but Yahoo JP is a separate company from Yahoo in America.

Ann
Ann

Looks like I already submitted this one last fall.

I think this is the first class-action I’ve seen that included Israel in addition to the US. Odd.

Kay
Kay

Just a reminder, the deadline is drawing close.

Yu
Yu

Chuck
DOC,
The site says Claim Form Deadline Monday, July 20, 2020, but you mentioned the deadline 3/6/2020. I thought to most of us who want to file claim, we still have enough time till 7/20/2020. Am I right?

William Charles

I think they changed the deadline, so think you’re right.

Ron
Ron

Thanks Chuck and William Charles for reposting these as the deadline looms.
What are people doing for the credit monitoring services requirement ?
Seems free services like credit karma, credit sesame etc won’t count right ?

RAM

I don’t remember if I have filed, how can I know?

AJS
AJS

Unless you took an image of your confirmation or wrote down the number, you should probably file again for safety’s sake. The last line of the confirmation webpage I hit was, “Please note that if you entered an email address on your claim you will not receive a confirmation email.”

Ron
Ron

AJS regarding the last sentence what does it mean really ? Isn’t it counter intuitive that if you provide email you won’t receive any confirmation email ?
So if I don’t provide email address I will get confirmation ? Paper confirmation ?

Carl
Carl

Have any of you ever had success actually getting money in Class Actions? I swear I have done a bunch over the years and I think only got like .50 cents out of all of them. The multiple breaches, class action milk, optical disk drives, lcd screens…none of these. I haven’t heard anything regarding the milk one or the optical disk drives, I’m assuming that will never settle.

SDubbs
SDubbs

Got one for ~$15 recently from Lenovo

Albo
Albo

Not money but the TicketMaster one a few years ago I got 2 pairs of tickets to a bunch of shows that I redeemed for free concerts

dizzy

I probably make $2-300 a year on average. Just got a check for ~$24 the other day. Some pay more than others, I legit got one for 2 cents in December. But they all add up. I am tracking it this year.

Ann
Ann

I have received a number of class action payouts, some more worthwhile than others. They usually drag on longer than the originally stated date estimates, and sometimes you don’t get as much money as you thought you would, but usually something comes eventually.

Update on the disk drive thing – they’re still working on some appeals/disputes (probably further delayed this year due to the subsequent coronavirus), and the amount you eventually receive will be less than $10: https://www.theledger.com/news/20191004/still-awaiting-settlement-in-optical-disk-drive-lawsuit

JohnnyBoyJr
JohnnyBoyJr

I got a penny from eBay!

Lil Ol' Me
Lil Ol' Me

Yahoo has like a billion email accounts and I think hundreds of millions were breach. The lawyers are going to take like 30% of this, leave probably less than 50 cents per breached account. Even if only 1 in ten eligible accounts file, I doubt you’ll wind up with more than $5.

Gadget - Bank Bonus Geek 🕵️

Yeah, so now the $3 I was going to receive is going to be cut down to $2 due to more applicants. #dream-on