Enlarge / A sign outside a Yahoo corporate building in Los Angeles. (credit: Getty Images | FG/Bauer-Griffin Getty Images | )
Verizon is forcing users of Yahoo services to waive their class action rights and agree to resolve disputes through arbitration. Yahoo users who don’t agree to the new terms will be cut off from the services, though Verizon hasn’t said exactly when the cutoff date will happen.
The change happens as Verizon fights lawsuits related to a 2013 data breach that affected all three billion Yahoo accounts. The company could try to use the new class action waiver to fight such lawsuits after any future incidents.
Verizon completed its $4.48 billion acquisition of Yahoo’s operating business in June 2017, and the company formed a new subsidiary called “Oath” that combines Yahoo and the Verizon-owned AOL.
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Source: Ars Technica – Verizon says Yahoo users must waive class action rights—or stop using Yahoo