Bloomberg Law
Sept. 18, 2017, 3:06 PM UTC

Equifax Stock Sales Said to Be Focus of U.S. Criminal Probe

Bloomberg Media

By Tom Schoenberg and Anders Melin, Bloomberg News

The U.S. Justice Department has opened a criminal investigation into whether top officials at Equifax Inc. violated insider trading laws when they sold stock before the company disclosed that it had been hacked, according to people familiar with the investigation.

Prosecutors are looking at the stock sales by Equifax Chief Financial Officer John Gamble; President of U.S. Information Solutions Joseph Loughran; and President of Workforce Solutions Rodolfo Ploder, said two people, who asked not to be named because the probe is confidential.

Equifax disclosed earlier this month that it discovered a security ...

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