Bloomberg Law
March 1, 2017, 11:12 PM UTC

Yahoo Counsel Leaves After Hack Investigation Finds Lack of Action

Bloomberg Media

By Brian Womack, Bloomberg News

Yahoo! Inc. General Counsel Ron Bell has left the company after an investigation of security breaches in recent months found that the legal team had enough information to warrant further inquiry but didn’t sufficiently pursue it.

Bell resigned Wednesday and no payments are being made in connection with the move, the company said in a regulatory filing. Chief Executive Officer Marissa Mayer also didn’t receive a bonus last year amid the investigations and the pending sale of the company’s web operations to Verizon Communications Inc.

“In late 2014, senior executives and relevant legal staff were ...

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