Yahoo appears to be nearing a final settlement in a class action spurred by data breaches exposing up to 200 million users, even though the presiding judge still has questions about why 32 plaintiffs firms had to be involved in the case.
At a hearing before U.S. District Judge Lucy Koh in San Jose on Thursday, the Sunnyvale-based web services provider got another crack at pitching a proposed settlement in mulitidistrict litigation stemming from a series of data breaches at the company earlier this decade. Earlier this year, Koh smacked down what would’ve been one of the largest American data breach cases in history—a proposed $85 million settlement including a $35 million attorney fee request—in part, because of a perceived bloat in attorneys fees.
