Justice Dept Investigating Equifax Stock Sales

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The Justice Department is said to be investigating possible violations of insider trading laws by top executives at credit reporting firm Equifax.

Bloomberg was first to report earlier this month that three Equifax executives — Chief Financial Officer John Gamble, President of U.S. Information Solutions Joseph Loughran, and President of Workforce Solutions Rodolfo Ploder — sold stock in the company totaling nearly $2 million in the days after a breach in which 143 million American identities were hacked was discovered on July 29. These sales are now said to be under criminal scrutiny. Read more at The Hill.

{Matzav.com}

 

 

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