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Violation Tracker Individual Record

Company: Altaba Inc.
Penalty: $35,000,000
Year: 2018
Date: April 24, 2018
Offense Group: financial offenses
Primary Offense: investor protection violation
Mega-Scandal: Data Breach Liability
Violation Description: The Securities and Exchange Commission announced that the entity formerly known as Yahoo! Inc. agreed to pay a $35 million penalty to settle allegations that it misled investors by failing to disclose one of the world's largest data breaches in which hackers stole personal data relating to hundreds of millions of user accounts.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.