Google agreed to pay $350 million to settle a lawsuit by shareholders related to a security bug at its now-defunct Google+ social media website.
A preliminary settlement was filed late on Monday in San Francisco federal court after more than a year of mediation and requires approval by U.S. District Judge Trina Thompson.
It resolves claims that Google learned by March 2018 about a three-year software glitch that exposed Google+ users’ personal data, yet concealed the problem for months while publicly stressing its commitment to data security.
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