Pomerantz LLP

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In September 2018, Pomerantz, as co-lead counsel, achieved a settlement of $80 million in a securities class action against technology and media giant Yahoo over allegations related to two data breaches in 2014 in which over 1.5 billion Yahoo user accounts were compromised. This is the first significant settlement to date of a securities fraud class action filed in response to a data breach.

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