Yahoo! Investor Reminder: Hagens Berman Reminds Yahoo! Investors of March 27, 2017 Lead Plaintiff Deadline

Yahoo! (NASDAQ:YHOO) investors are reminded of the March 27, 2017 Lead Plaintiff deadline in the pending securities class action lawsuit concerning data breach disclosures to investors. If you purchased or otherwise acquired YHOO securities between November 12, 2013 and December 14, 2016 and suffered losses visit Hagens Berman Sobol Shapiro at https://www.hbsslaw.com/cases/YHOO or contact Reed Kathrein, who is leading the firm’s investigation; call 510-725-3000 or email YHOO@hbsslaw.com for more information.

As quoted in the press release:

On September 22, 2016, Defendants disclosed that hackers stole information in late 2014 on more than 500 million user accounts.  This news drove the price of Yahoo shares down over 3%.  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 over 6%.
More recently, the Wall Street Journal reported that the SEC has opened an investigation into the timing of Yahoo’s disclosures regarding the data breaches, stating “The SEC requires companies to disclose cybersecurity risks as soon as they are determined to have an effect on investors.”

Click here for the full text release.