Yahoo! Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: Yahoo! Inc
Stock Symbol : NASDAQ:YHOO
Class Period Start: 11/12/2013
Class Period End: 12/14/2016
Lead Plaintiff motion: 03/27/2017
Date Filed: 01/24/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the Northern District of California
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the March 27, 2017 lead plaintiff deadline in a class action lawsuit filed against Yahoo! Inc (NASDAQ:YHOO) (“Yahoo” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of California and investors, who purchased Yahoo! Inc securities between November 12, 2013 and December 14, 2016, have until March 27, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Yahoo! Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Yahoo failed to encrypt its users' personal information and/or failed to encrypt its users' personal data with an up-to-date and secure encryption scheme; consequently, sensitive personal account information from more than 1 billion users was vulnerable to theft; a data breach resulting in the theft of personal user data would foreseeably cause a significant drop in user engagement with Yahoo's websites and services; and as a result, Yahoo's public statements were materially false and misleading at all relevant times.

On September 22, 2016, Yahoo disclosed that hackers stole information in late 2014 on more than 500 million user accounts.

On December 14, 2016, Yahoo disclosed that in August 2013 hackers stole information on more than 1 billion user accounts.

On this news, NASDAQ:YHOO dropped more than 6 percent on December 15, 2016.

If you were negatively impacted by your investment in Yahoo! Inc securities between November 12, 2013 and December 14, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm.

Thieler Law Corp

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