Posted on 09/08/2017 6:43:03 AM PDT by Enlightened1
A data breach discovered in July may have affected as many as 143 million U.S. consumers, credit tracker Equifax said Thursday.
And three of the company's executives sold nearly $2 million in Equifax shares days after the cyberattack was discovered, SEC filings show.
It was unclear whether their share sales had anything to do with the breach, CNBC reports. An Equifax spokeswoman didn't immediately respond to a request for comment.
Leaked data includes names, birth dates, Social Security numbers, addresses and some driver's license numbers, CNBC reported. The company added that 209,000 U.S. credit card numbers were also obtained.
Equifax said it is alerting customers whose information was included in the breach via mail, and is working with state and federal authorities. Its private investigation into the breach is complete, the company said.
Consumers who think their personal information may have been compromised in this incident can find out more here.
(Excerpt) Read more at nbcchicago.com ...
Insider trading, aka, liberals cutting and running and leaving their trail of ruin for others to clean up.
Yep disgusting filth... Here is another article from CNBC about it.
They should be tried for “insider trading” and put in jail....for a long time.
This is similar to what the clowns that were running Enron did.
Agree
We are either a country of laws or we are not.
I thought only congress could do insider trading!
Can the general public rate the credit score of these executives? /s
<>Liar
<>Cheat
<>Scammer
Equifax >> EquiFake >>EquiFlaw
Well at least we aren’t going to break up their families by putting them in Prison for LIFE for their Insider Trading FELONIES!!!!
Who do they think they are.. Congressmen?
With any luck they voted Democrat enough to avoid jail time.
I have been an “Officer of the company” in more than one business. Periodically the word would come down that now was not a good time to trade stock. Just a straight forward thing. Often within a few hours or days the reason became clear. One place I was at a fellow VP traded using his daughter’s name and made $100,000 on a merger deal. Guess what he had to give it all to the SEC and more. He could easily of gone to jail.
I expect those guys are in a heap o’ trouble. The SEC views this sort of thing *very* dimly.
We were discussing this on another forum I’m on. One of the guys had an interesting anecdote. His wife fired a guy in her company that had done something similar, then he was charged by the SEC. It did not go well for him.
Very rusty on this but... For executives of a public company to excercise options or sell large quantities of their stock, isn’t there some sort of advance notice required?
Yipe. If the SEC finds a single document, a single E-Mail, or a single NSA phone intercept, or finds underlings to swear to having tipped them off, those high-flying executives (who likely hate Trump) are going to have to sell off some paintings to pay their lawyer bills, and also spend the rest of their years on this planet with felony convictions.
They should be tried for “insider trading” and put in jail....for a long time.
*************
Should be....but won’t. The elites know how to protect themselves.
Dumping Equifax on inside information? How many in the Senate and the House did the same thing?
I stopped concerning myself with credit reporting companies once I had no want or need for credit beyond my American Express charge card. They are into every ancillary scheme imagined in selling your personal information. If executives sold their holdings only before disclosure, they belong in jail with SEC violations.
I don’t know much about the law but I am pretty sure that this would be a crime. How many years did Martha Steward get for inside trading?
Wonder if they will get more time than Martha Stewart did...
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