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DOJ Opens Investigation Into Stock Sales By Equifax Executives

Embattled Equifax was dealt another blow in the wake of its data Breach as the U.S. Justice Department has decided to open a criminal investigation into the matter.

According to a report in Bloomberg , citing people familiar with the Equifax investigation, the Department of Justice is looking into whether executives at the credit scoring company violated insider trading laws by selling stock ahead of disclosing the data breach that may have impacted 143 million consumers in the U.S.

The inquiry by the Department of Justice (DOJ) comes on the heels of lawmakers, attorneys general and regulators looking into the company and the breach, in which the bad guys had access to identifying personal information, including birth dates and Social Security numbers.

“The U.S. Attorney’s Office for the Northern District of Georgia is working with the FBI to conduct a criminal investigation into the Equifax breach and resulting theft of personal information,” said U.S. Attorney John Horn in a statement to Bloomberg.

The data breach at Equifax has gotten so bad that it has even prompted Democrats to introduce a bill to give consumers the ability to freeze their credit for free.


  • Equifax: How Important Is The March Incident?Seeking Alpha
  • Equifax Suffered Another Hack Months Before the One It DisclosedDaily Beast
  • Equifax: credit firm was breached before massive May hackThe Guardian
  • What's that, Equifax? Most people expect to be notified of a breach within hours?The Register
  • Equifax is said to suffer a hack earlier than date disclosedThe Star Online
  • Equifax's Troubles Grow With News of Prior Breach, DOJ Investigation Into ...Gizmodo
  • Equifax says March breach not related to major
  • Equifax suffered another data breach in MarchChicago Tribune
  • Bad to Worse: Equifax Was Hit by Earlier BreachFortune

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DOJ Opens Investigation Into Stock Sales By Equifax Executives


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