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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEquifax is investigating executive stock sales
Equifax is investigating three executives who sold company shares worth nearly $2 million shortly after a massive data breach was discovered, but before the company announced the breach to the public.
http://money.cnn.com/2017/09/29/news/companies/equifax-investigation/index.html?sr=twCNN092917companies0330PMStoryLink
Fullduplexxx
(7,818 posts)trotsky
(49,533 posts)redstatebluegirl
(12,264 posts)MineralMan
(146,192 posts)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)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
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?
trotsky
(49,533 posts)Geez!