Google to pay $350 million to settle shareholders' data privacy lawsuit

FILE PHOTO: The Google logo is seen on the Google house at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024. REUTERS/Steve Marcus/File Photo

(Reuters) - 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.