Karasik Park, or, a Tour of the Data Breach Class Action Settlement Landscape

In 2021, Justice Perell of the Ontario Superior Court considered whether to approve the settlement in Karasik v Yahoo Inc., a class action resulting from cyber attacks that compromised Yahoo users’ account information. As discussed in “Data breach class actions: Canadian Courts taking a harder look,” this case (which remains unpublished) provided valuable insight into the state of privacy breach class actions, with Justice Perell conducting an in-depth review of approved settlements for such actions. Three years later, we consider whether the pattern of modest settlement amounts Justice Perell uncovered has continued or changed.

Reposted with permission from Gowling


Read more:
https://gowlingwlg.com/en-ca/insights-resources/articles/2024/karasik-park-a-tour-of-the-data-breach-class-action-settlement-landscape

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