In the email sent out to affected Yahoo customers it says “A Class Action Settlement has been proposed in litigation against Yahoo! Inc. (“Yahoo”) and Aabaco Small Business, LLC (together, called “Defendants” in this notice), relating to data breaches (malicious actors got into system, and personal data was taken) occurring in 2013 through 2016, as well as to data security intrusions (malicious actors got into system, but no data appears to have been taken) occurring in early 2012 (collectively, the “Data Breaches”).”
Here is how this settlement describes your two options if you qualify:
Option 1 (Credit Monitoring Services): I wish to receive Credit Monitoring Services. I understand Credit Monitoring Services will be provided for a minimum of two years, starting from when I activate the services. I understand I will receive an activation code and instructions on how to enroll in the Credit Monitoring Services from the Settlement Administrator later. Instructions will be sent by email unless I did not provide an email address, in which case instructions will be sent by U.S. mail.
Option 2 (Alternative Compensation): I wish to receive Alternative Compensation. I understand that this payment will be $100, but may be lower or may be up to $358.80, depending on participation in the Settlement. I hereby CERTIFY that (all must be checked if you wish to receive Alternative Compensation):
If you already signed up to be notified about this settlement, you should have received an email. If not, you can try to submit a claim at YahooDatabreachSettlement.com to see if you qualify.