Bronstein, Gewirtz & Grossman, LLC Announces a Class Action Against Yahoo! Inc. (YHOO) for Largest Data Breach in History

NEW YORK, Oct. 10, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC announces that a class action lawsuit has been filed against Yahoo! Inc. ("Yahoo" or the "Company") (NASDAQ: YHOO) regarding an unprecedented security breach affecting nearly 500 million users.

On September 22, 2016, Yahoo revealed that a "recent investigation" confirmed that sensitive personal account information of at least 500 million account users "was stolen from the company's network in late 2014 by what it believes is a state-sponsored attack." Users' names, email addresses, phone numbers, dates of birth, hashed passwords, and in some encrypted or unencrypted security questions and answers were included in the data breach.

The Complaint alleges that Yahoo's actions were reckless as they disregarded the safety and security of Yahoo users' personal information. The Complaint claims that Yahoo should be held responsible for their insufficiencies and the damages caused to its users. Unlike several other recent data breaches, Yahoo has not offered users any assistance with identity theft protection, while Yahoo users are now at a greater risk of having their identities stolen and must find their own way and pay to protect themselves.

A class action lawsuit has already been filed. For additional information or if you wish to review a copy of the Complaint you can visit the firm's site: http://www.bgandg.com/yhoo or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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