3 Equifax executives sold stock before hack was revealed
Friday, 8 September 2017 () SAN FRANCISCO (AP) — The Latest on the massive breach at credit monitoring company Equifax (all times local): ___ 5:05 p.m. Three Equifax executives sold a combined $1.8 million in stock to insulate themselves from news that the credit monitoring company had been hacked. The cyberattack between mid-May and July was disclosed by Equifax on Thursday. The attack exposed the Social Security numbers and other sensitive information of about 143 million Americans. The stock sales were executed on Aug. 1 and Aug. 2 by Chief Financial Officer John Gamble and two other executives, Rodolfo Ploder and Joseph Loughran. Bloomberg News first reported the divestitures. The sales insulated the executives from the downturn in Equifax's stock.
just days after it learned of a hack that might've exposed the personal details of almost half of the US population, three senior executives at Equifax sold almost $2 million worth of the company's shares. The executives included the company's chief financial officer. The sales were first reported by...
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