Hayley Tsukayama, reporting for The Washington Post:
Equifax also said in its filings that it had received subpoenas
from the Securities and Exchange Commission, as well as the U.S.
Attorney’s Office for the Northern District of Georgia “regarding
trading activities by certain of our employees in relation to the
cybersecurity incident.” Shortly after news of the breach broke,
reports circulated that top officials had sold Equifax stock after
the company found out about the breach, but before disclosing it
to the public. Equifax said this week that it had cleared its
executives of wrongdoing after an internal investigation found
that the executives did not personally know about the breach
before their stock sales.
Yeah, I’m sure the SEC will just take their word for it.
★ Friday, 10 November 2017