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Equifax is investigating executive stock sales (Original Post) HAB911 Sep 2017 OP
Yea im sure it's high on their to do list Fullduplexxx Sep 2017 #1
And the punishments shall be severe. n/t trotsky Sep 2017 #5
Right, like they will take back some of their golden parachutes. redstatebluegirl Sep 2017 #2
Perhaps the SEC should follow their example? MineralMan Sep 2017 #3
Investigating? gratuitous Sep 2017 #4
They said they're innocent - what more do you people need to hear? trotsky Sep 2017 #6

MineralMan

(146,192 posts)
3. Perhaps the SEC should follow their example?
Fri Sep 29, 2017, 04:05 PM
Sep 2017

Seems interesting to me, at least. I would personally take great pleasure in seeing Equifax go bankrupt, frankly. They are vile.

gratuitous

(82,849 posts)
4. Investigating?
Fri Sep 29, 2017, 04:30 PM
Sep 2017

Didn't Equifax already issue a statement that these three executives all made the decision to sell stock totally independently of one another, and without any knowledge that Equifax had fucked up colossally?

Why yes, yes Equifax did say that:

http://www.npr.org/sections/thetwo-way/2017/09/08/549434187/3-equifax-executives-sold-stock-days-after-hack-that-wasnt-disclosed-for-a-month

Three executives of the credit-reporting agency Equifax sold nearly $2 million worth of company stock within days of a massive data breach potentially affecting 143 million Americans — one that wasn't publicly disclosed until more than a month later.

In a statement, Equifax says the executives "had no knowledge that an intrusion had occurred at the time they sold their shares."


So, what is there for Equifax to investigate?
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