Levi & Korsinsky, LLP announces the commencement of a class action lawsuit in the USDC for the Northern District of California on behalf of shareholders of Yahoo! Inc. (NASDAQ: YHOO) who purchased securities November 12, 2013 and December 14, 2016.
On September 22, 2016, Yahoo! disclosed that hackers stole information in late 2014 on more than 500 million user accounts. This news drove the price of Yahoo! shares down more than 3 percent. Then, on December 14, 2016, Defendants disclosed that in August 2013 hackers stole information on more than 1 billion user accounts. This news drove the price of Yahoo shares down more than 6 percent.
If you suffered a loss in Yahoo! you have until March 27, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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