In a significant development for Canadian Yahoo and Rogers account holders, a $20 million class-action settlement has been approved, offering eligible individuals compensation of up to $375.
This settlement addresses data breaches that occurred between 2013 and 2016, which compromised user information and raised concerns about data security practices.
Understanding the Data Breaches
Between 2013 and 2016, Yahoo experienced multiple data breaches that exposed user data, including email addresses, passwords, and other personal information.
These incidents affected millions of users worldwide, including those in Canada who used Yahoo and Rogers email services.
The breaches highlighted vulnerabilities in Yahoo’s data security measures, leading to legal actions and the subsequent settlement.
Eligibility Criteria for Compensation
To be eligible for compensation under this settlement, individuals must meet the following criteria:
- Account Activity: Held a Yahoo or Rogers account between January 1, 2012, and December 31, 2016.
- Residency: Must be a resident of Canada during the specified period.
- Class Participation: Did not opt out of the class-action settlement.
Compensation Options Available
Eligible individuals can choose from several compensation options based on their circumstances:
1. Cash Payments
- Per Breach Compensation: Up to $125 for each data breach, with a maximum of $375 if affected by all three incidents.
- Out-of-Pocket Expenses: Reimbursement for documented expenses incurred due to the breaches, up to $25,000.
2. Credit Monitoring Services
- Duration: One year of credit monitoring services at no additional cost.
- Value: Estimated retail value of approximately $478.80.
3. Partial Reimbursement for Premium Services
- Eligibility: Users who paid for Yahoo premium services, such as ad-free email or Yahoo/Aabaco Small Business services, between August 1, 2013, and December 31, 2016.
- Reimbursement Rate: Up to 25% of the costs for these paid services.
Important Deadlines and Claim Submission Process
The deadline to submit a claim is December 27, 2024. To file a claim:
- Online Submission: Complete the Claim Form available at www.YahooClassAction.com.
- Required Information: Provide details such as your Yahoo or Rogers email address and any documentation supporting claims for out-of-pocket expenses.
- Assistance: For help, contact the Claims Administrator at 1-866-808-8075.
Compensation Option | Details | Maximum Amount | Additional Notes |
---|---|---|---|
Cash Payments | Up to $125 per breach, max $375 for all three breaches | $375 | No documentation required for inconvenience claims |
Out-of-Pocket Expense Reimbursement | Reimbursement for documented expenses incurred due to breaches | Up to $25,000 | Requires supporting documentation |
Credit Monitoring Services | One year of credit monitoring | Valued at $478.80 | No additional cost to claimant |
Premium Services Reimbursement | Partial refund for Yahoo premium services costs (25%) | Varies based on service | Applies to services between Aug 1, 2013, and Dec 31, 2016 |
This settlement offers a significant opportunity for affected Canadian Yahoo and Rogers account holders to receive compensation for the data breaches that compromised their personal information.
Eligible individuals should carefully consider the compensation options available and submit their claims by the December 27, 2024, deadline to ensure they receive the benefits they are entitled to.
FAQs
1. What if I don’t have documentation for out-of-pocket expenses?
You can still claim up to $125 per breach (maximum of $375) for inconvenience without providing documentation.
2. How will I receive the cash payment?
Payments will be distributed via e-transfer or direct deposit to the details provided in your claim form.
3. Can I choose both cash payment and credit monitoring services?
No, you must choose either the cash payment or the credit monitoring service, not both.
4. What happens if I miss the claim deadline?
If you do not submit a claim by December 27, 2024, you will forfeit your right to compensation under this settlement.
5. Are business accounts eligible for compensation?
Yes, small business users with Yahoo/Aabaco Small Business services during the specified period may be eligible for partial reimbursement.