Equifax Stock Sales Said to Be Focus of DOJ Probe

The video discusses the DOJ's investigation into Equifax, focusing on insider trading allegations following a data breach. It explores the legal implications beyond insider trading, including state and federal laws, and examines the company's response and compliance with regulations. The investigation aims to determine who knew about the breach and when, ensuring transparency and adherence to legal standards.

What is the primary focus of the DOJ's investigation into Equifax?

• Various legal issues including securities and consumer protection laws

• Equifax's financial performance

• Only the stock sale by insiders

• The company's marketing strategies

What must be proven to establish insider trading in the Equifax case?

• Executives had prior knowledge of the investigation

• Executives were aware of the breach when they sold shares

• Executives had a financial loss

• Executives were not involved in the breach

What is the company's response to the insider trading allegations?

• They admitted to the allegations

• They refused to comment

• They claimed the executives were unaware of the breach

• They blamed external factors

What is the government's concern regarding Equifax's handling of the breach?

• The company's employee satisfaction

• The company's marketing strategies

• The company's transparency and adherence to procedures

• The company's financial losses

What is a key aspect the government is investigating post-breach?

• Equifax's stock market performance

• Equifax's customer service policies

• Equifax's new product launches

• The extent of the breach and information dissemination