Senator Wants SEC to Investigate Yahoo Hack Disclosure

Nextgov: One lawmaker wants to know when Yahoo executives learned about a security breach of 500 million user accounts and whether the company complied with disclosure laws.

“I encourage you to investigate whether Yahoo and its senior executives fulfilled their obligations to keep investors and the public informed, and whether the company made complete and accurate representations about the security of its IT systems,” wrote Sen. Mark Warner, D-Virginia, in a letter to Securities and Exchange Commission Chair Mary Jo White.

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