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Senior Member
If you believe this . . .
http://woodtv.com/2017/09/07/equifax...posed-in-hack/
"Equifax discovered the hack July 29, but waited until Thursday to warn consumers. The Atlanta-based company declined to comment on that delay or anything else beyond its published statement. It’s not unusual for U.S. authorities to ask a company hit in a major hack to delay public notice so that investigators can pursue the perpetrators.
Equifax’s stock dropped 13 percent to $124.10 in extended trading after its announcement of the breach.
Three Equifax executives sold shares worth a combined $1.8 million just a few days after the company discovered it had been hacked, according to documents filed with securities regulators.
The sales, executed on August 1 and August 2, were made by: John Gamble, Equifax’s chief financial officer; Rodolfo Ploder, Equifax’s president of workforce solutions; and Joseph Loughran, Equifax’s president of U.S. information solutions. Bloomberg News first reported the divestitures.
In a subsequent statement, Equifax said the three executives “had no knowledge that an intrusion had occurred at the time they sold their shares.”
No knowledge of the intrusion at the time they sold their shares? Just a coincidence they sold the shares after the intrusion but before the announcement and immediate 13% decline. If you believe that was just a coincidence . . .
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