A former Equifax executive was indicted by a federal grand jury on a charge of insider trading this week.
Equifax’s former chief information officer, Jun Ying of Atlanta, allegedly sold $950,000 worth of stock about a week before the Atlanta-based credit reporting agency made a massive data breach public on Sept. 7.
On Friday, Aug. 25, 2017, about two weeks before the company made the data breach public, Ying texted a co-worker and wrote: “Sounds bad. We may be the one breached.”
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