Equifax Defends Its Executives

Equifax Defends Its Executives
Equifax Defends Its Executives
Equifax Defends Its Executives Business Insider

Fact. Equifax executives sold nearly $2 million worth of the company's stock ahead of the disclosure of a massive data breach earlier this summer. 

Because in an article appearing today on the Business Insider website Equifax says its executives didn't engage in insider trading by Elena Holodny she explains that: 

  • Equifax says a special committee formed by its board concluded that there was nothing wrong with the stock sales.
  • The special committee's report concludes that "none of the four executives had knowledge of the incident when their trades were made."

Should Equifax executives face prosecution for their stock sales?

Read the source article at Business Insider


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