3 Equifax Execs Sold $1.8M in Stock Days After Hack Discovered
By Rob Quinn
September 8, 2017
Days after Equifax discovered a massive security breach affecting 143 million Americans, three senior executives sold off almost $2 million in shares.
The company says it discovered the intrusion, which was only made public Thursday, on July 29. Records show that three days later, Chief Financial Officer John Gamble; Joseph Loughran, chief of US information solutions; and Rodolfo Ploder, president of workforce solutions, sold company shares worth around $1.8 million, Bloomberg reports.
The credit-reporting company says the men "sold a small percentage of their shares" and "had no knowledge that an intrusion had occurred at the time."
Read the full story on Newser.com
More From Newser