On March 2, 2018, Yahoo! entered into a proposed settlement of a securities class action filed against the company following its disclosures in 2016 that it had suffered significant data breaches in 2013 and 2014. Under the settlement, which is still subject to court approval, Yahoo! has agreed to pay $80 million to settle claims that it misled investors by failing to disclose the breaches in its public filings, while still touting the strength of its cybersecurity practices. Continue Reading Yahoo! Enters Proposed Settlement in Data Breach Securities Class Action
Roger Cooper’s practice focuses on complex civil litigation, with an emphasis on disputes arising out of securities, M&A and derivative transactions, as well as on corporate governance issues.